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Jersey Mike's Subs Leases Retail Space At 601 2nd Avenue In Murray Hill

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LEASED
$200

New York

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Retail2,000 SF
Leased 12/11/2023
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Property Image
LEASED

Jersey Mike's Subs Leases Retail Space At 601 2nd Avenue In Murray Hill

601 2nd Avenue

See Similar Deals
Retail2,000 SF
Leased 12/11/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$200
Total Square Footage:2,000 SF
Transaction Type:Lease

Jersey Mike's Subs has signed a lease for a retail space located at 601 2nd Avenue in Murray Hill. The property spans approximately 2,000 square feet and the asking rent is $200 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Asking Rent: $200/ft
  • Square Footage: 2,000
  • Address: 601 2nd Avenue, Murray Hill

Bay Hedvat, the landlord, represented by Jordan Raphan of KSR, facilitated the lease agreement with Jersey Mike's Subs. Ryan Feldman of Alliance Retail Development acted as the tenant's representative.

Players

Jordan Raphan
40 deals
BROKER

Ryan feldman
3 deals(718) 233-3832
BROKER

TENANT

Details

LEASED
IMAGE: Jordan Raphan DATE: 12/11/2023 ADDRESS: 601 2nd Avenue MARKET: Murray Hill ASSET TYPE: Retail LANDLORD: Bay Hedvat TENANT: Jersey Mike's Subs LANDLORD'S REP: Jordan Raphan (@JRaphan) - KSR (@Kassin_Sabbagh_Realty) TENANT'S REP: Ryan Feldman - Alliance Retail Development ASKING RENT: $200/ft ~ SF: 2,000

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Deal Type
Effective Rent (Annual)

$458,555.17

Total Lease Value

$4,585,551.72

Net Landlord Cash Flow$458,555.17