West Pier Market Leases Retail Space On 649 West 42nd Street In Hell's Kitchen
LEASED
$80
New York
See Similar DealsRetail3,700 SF
Leased 06/05/2023
LEASED
West Pier Market Leases Retail Space On 649 West 42nd Street In Hell's Kitchen
649 W 42nd StNew York, NY 10036, USA
See Similar DealsRetail3,700 SF
Leased 06/05/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$80
Total Square Footage:3,700 SF
Transaction Type:Lease
The retail property located at 649 West 42nd Street in Hell's Kitchen has been leased. The property, spanning 3,700 square feet, was leased by West Pier Market. The landlord of the property is The Moinian Group. The deal was facilitated by David Green and Matthew Fogel from KSR.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 649 West 42nd Street
- Market: Hell's Kitchen
- Tenant: West Pier Market
- Landlord: The Moinian Group
- Brokers: David Green & Matthew Fogel - KSR
- Asking Rent: $80/ft
- Square Footage: 3,700
David Green and Matthew Fogel from KSR played a crucial role in facilitating the lease deal for the retail property at 649 West 42nd Street. West Pier Market will now operate in this space, under the landlord, The Moinian Group.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$339,330.83
Total Lease Value
$3,393,308.28
Net Landlord Cash Flow$339,330.83
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