Bookoff USA Leases Retail Space At 740 Broadway In NoHo
LEASED
$250
+ 1
New York
See Similar DealsRetail2,065 SF
Leased 06/26/2024
LEASED
Bookoff USA Leases Retail Space At 740 Broadway In NoHo
740 Broadway #
See Similar DealsRetail2,065 SF
Leased 06/26/2024
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$250
Total Square Footage:2,065 SF
Transaction Type:Lease
In the heart of NoHo, the retail property located at 740 Broadway has been leased out. The asset spans across 2,065 square feet, with an asking rent of $250 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 740 Broadway
- Market: NoHo
- Landlord: GFP Real Estate - Jeffrey Gural
- Tenant: BOOKOFF USA
- Landlord's Rep: Ross Kaplan & William Chaplin - Newmark
- Tenant's Rep: Dorel Melloul & Marc Sitt - KSR
- Lease Type: Retail Lease
The deal was facilitated by Ross Kaplan and William Chaplin representing the landlord GFP Real Estate, and Dorel Melloul along with Marc Sitt representing the tenant BOOKOFF USA. The cooperation and negotiation between these representatives led to the successful leasing of this retail asset.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$591,822.77
Total Lease Value
$5,918,227.69
Net Landlord Cash Flow$591,822.77
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