Nello Signs Lease At 62 West 55th Street In Manhattan
LEASED
$201
New York
See Similar DealsRetail2,200 SF
Leased 04/27/2025
LEASED
Nello Signs Lease At 62 West 55th Street In Manhattan
62 West 55th Street
See Similar DealsRetail2,200 SF
Leased 04/27/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$201
Total Square Footage:2,200 SF
Transaction Type:Lease
The lease involves a retail asset located at 62 West 55th Street in Manhattan. The asking rent for the property is set at $201 per square foot, with a total space of 2,200 square feet. The lease type is classified as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $201/ft
- Square Footage: 2,200
- Address: 62 West 55th Street
- Market: Manhattan
- Landlord: Sonya Ruddy - SL Green Realty Corp
- Tenant: Nello
- Brokers: James Famularo & Jacob Mayer - Meridian Capital Group
James Famularo and Jacob Mayer represented the landlord, Sonya Ruddy from SL Green Realty Corp, in the transaction with tenant Nello. The brokerage involved in facilitating this deal was Meridian Capital Group.
Players
BROKERAGE
LANDLORD
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$509,000.83
Total Lease Value
$5,090,008.27
Net Landlord Cash Flow$509,000.83
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