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HMS International Fabrics Leases Retail Space At 6 West 48th Street Manhattan For $50/ft

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LEASED
$50
Jacob Mayer
Jeffrey Zund
+ 1

New York

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Retail5,500 SF
Leased
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Property Image
LEASED

HMS International Fabrics Leases Retail Space At 6 West 48th Street Manhattan For $50/ft

6 West 48th Street

See Similar Deals
Retail5,500 SF
Leased
Jacob Mayer
Jeffrey Zund
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:5500 SF
Transaction Type:Lease

The property asset involved in this transaction is a retail space located at 6 West 48th Street in Manhattan. The lease type is a Modified Gross Lease with an asking rent of $50 per square foot for a total area of 5,500 square feet.

Summary of transaction details:

The deal involved several key individuals representing the parties. The landlord was represented by James Famularo, Jacob Mayer, and Myles Vandell from Meridian Capital Group. On the tenant's side, Jeffrey Zund represented HMS International Fabrics through Resolution Real Estate Partners.

Players

James Famularo
347 deals$11.4M volume(212) 468-5960
BROKER



Details

LEASED
IMAGE: Jacob Mayer, James Famularo, Myles Vandell & Jeffrey Zund DATE: 12/20/2024 ADDRESS: 6 West 48th Street MARKET: Manhattan ASSET TYPE: Retail LANDLORD: Jack Elo TENANT: HMS International Fabrics LANDLORD'S REP: James Famularo (@MrFamularo), Jacob Mayer (@Mayer.Leasing) & Myles Vandell (@Retail.LeasingNYC) - Meridian Capital Group (@Meridian_Retail_Leasing) TENANT'S REP: Jeffrey Zund - Resolution Real Estate Partners ASKING RENT: $50/ft ~ SF: 5,500 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$315,256.68

Total Lease Value

$3,152,566.81

Net Landlord Cash Flow$315,256.68