Madison Treasures Leases Retail Space In Times Square For $200/ft
LEASED
$200
New York
See Similar DealsRetail1,800 SF
Leased 10/01/2022
LEASED
Madison Treasures Leases Retail Space In Times Square For $200/ft
790 7th Avenue
See Similar DealsRetail1,800 SF
Leased 10/01/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$200
Total Square Footage:1,800 SF
Transaction Type:Lease
The retail property at 790 7th Ave in Times Square has been leased. The transaction took place on 10/01/2022. The property is owned by The Manhattan at Times Square Hotel and the tenant is Madison Treasures.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $200/ft.
- Square Footage: 1,800
Nathan Aballi, Albert Manopla, and David Green from KSR served as the brokers representing both the tenant and the landlord in the deal.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$412,699.66
Total Lease Value
$4,126,996.55
Net Landlord Cash Flow$412,699.66
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