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

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LEASED
$120
Cole Stapleton

New York

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Retail999 SF
Leased 09/03/2025
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LEASED

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

7 West 14th Street

See Similar Deals
Retail999 SF
Leased 09/03/2025
Cole Stapleton
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:999 SF
Transaction Type:Lease

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.

Players

Michael Elkharrat
6 deals
BROKER

Cole Stapleton
Tungsten Property
3 deals(914) 980-8344
BROKER

Details

LEASED
IMAGE: Michael Elkharrat DATE: 9/3/2025 ADDRESS: 7 West 14th Street MARKET: Flatiron District ASSET TYPE: Retail LANDLORD: Century Management TENANT: Uni K Wax LANDLORD'S REP: Lydia Bell & Cole Stapleton - Tungsten Property TENANT'S REP: Michael Elkharrat (@MElkharrat) - Tri State Commercial Realty (@TriStateCommercial) ASKING RENT: $120/ft ~ SF: 999 LEASE TERM: 10 Years LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$137,428.99

Total Lease Value

$1,374,289.85

Net Landlord Cash Flow$137,428.99