Daily limit: 0/10
Saint Laurent Leases 13,000-Sq-Ft Retail Space In Meatpacking District
LEASED
$500
New York
See Similar DealsRetail26,000 SF
Leased 09/25/2023
LEASED
Saint Laurent Leases 13,000-Sq-Ft Retail Space In Meatpacking District
70 Gansevoort Street & 74 Gansevoort Street
See Similar DealsRetail26,000 SF
Leased 09/25/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$500
Total Square Footage:26,000 SF
Transaction Type:Lease
Saint Laurent is set to open a flagship store in Manhattan's Meatpacking District. The retail space, located at 70-74 Gansevoort St, spans 13,000 square feet and has been leased for a term of 15 years. The deal was secured with an asking rent of over $500 per square foot.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $500 per square foot
- Square Footage: 13,000
- Address: 70-74 Gansevoort Street
- Market: Meatpacking District, Manhattan
Jared Epstein and Jake Bank of Aurora Capital Associates and William Gottlieb Real Estate are the landlords of the property. Cushman & Wakefield served as the tenant's representatives in the deal, with Jason Greenstone, Michael O'Neill, and Taylor Reynolds leading the negotiations.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$14,903,043.10
Total Lease Value
$149,030,431.05
Net Landlord Cash Flow$14,903,043.10
Is there something missing? Send suggestions