Urban Pathways Inc. Leases Retail Space In Hell's Kitchen, NYC
LEASED
+ 1
New York
See Similar DealsRetail15,000 SF
Leased 02/14/2022
LEASED
Urban Pathways Inc. Leases Retail Space In Hell's Kitchen, NYC
771 9th Avenue, New York City, New York 10011, United States
See Similar DealsRetail15,000 SF
Leased 02/14/2022
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:15,000 SF
Transaction Type:Lease
The property asset involved in the transaction is located at 771 Ninth Avenue in Hell's Kitchen. This retail space encompasses 15,000 square feet and had an asking rent of $80 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,200,000
- Address: 771 Ninth Avenue
- Market: Hell's Kitchen
- Tenant: Urban Pathways Inc.
- Tenant's Representative: Ben Carlos Thypin - Quantierra Advisors LLC
- Landlord's Representative: James Famularo - Meridian Retail Leasing
This lease transaction features Urban Pathways Inc. as the tenant, represented by Ben Carlos Thypin from Quantierra Advisors LLC, indicating a professional brokerage involvement. The landlord's side is represented by James Famularo from Meridian Retail Leasing, highlighting the roles of experienced brokers in facilitating this deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$859,790.95
Total Lease Value
$8,597,909.48
Net Landlord Cash Flow$859,790.95
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