Uni K Wax Leases Retail Space At 7 West 14th Street In Flatiron District For 10 Years

The property asset involved in this transaction is a retail space located at 7 West 14th Street in the Flatiron District. The lease was signed by tenant Uni K Wax, with a lease term of 10 years under a modified gross lease agreement. The asking rent for this space is $120 per square foot, encompassing a total area of 999 square feet. The landlord for this transaction is Century Management.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $120/ft
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Market: Flatiron District
• Landlord: Century Management
• Tenant: Uni K Wax
• Landlord's Representative: Lydia Bell & Cole Stapleton - Tungsten Property
• Tenant's Representative: Michael Elkharrat - Tri State Commercial Realty
• Square Footage: 999

The deal involved Lydia Bell and Cole Stapleton representing Century Management, the landlord, while Michael Elkharrat represented Uni K Wax, the tenant. This collaboration ensured that both parties had guidance through the leasing process, facilitating a successful transaction in the competitive Flatiron District market.