Housing Works Signs 10-Year Lease At 750 Broadway In New York
LEASED
$200
New York
See Similar DealsRetail7,400 SF
Leased 12/22/2022
LEASED
Housing Works Signs 10-Year Lease At 750 Broadway In New York
750 Broadway, New York City, New York 10003, United States
See Similar DealsRetail7,400 SF
Leased 12/22/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$200
Total Square Footage:7,400 SF
Transaction Type:Lease
750 Broadway, a retail property located in New York, has recently been leased. The lease was signed on December 22, 2022, for a term of 10 years. The property spans approximately 7,400 square feet and had an asking rent of $200 per square foot.
Summary of transaction details:
- Property Type: Retail
- Date: 12/22/2022
- Address: 750 Broadway, New York
- Tenant: Housing Works
- Landlord: Manocherian Brothers
- Asking Rent: $200/ft.
- Lease Terms: 10-year lease
The landlord, Manocherian Brothers, was represented by Gary Alterman from Newmark in this lease transaction. Housing Works, the tenant, was represented by Sean Philipps from Katz & Associates.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,696,654.14
Total Lease Value
$16,966,541.38
Net Landlord Cash Flow$1,696,654.14
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