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VanMoof Leases Retail Space At 8 West 37th Street In Midtown Manhattan

Property Image
LEASED
$100
Ike Bibi
Carolina Aziz
+ 1

New York

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Retail2,300 SF
Leased 03/14/2024
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Property Image
LEASED

VanMoof Leases Retail Space At 8 West 37th Street In Midtown Manhattan

8 West 37th Street

See Similar Deals
Retail2,300 SF
Leased 03/14/2024
Ike Bibi
Carolina Aziz
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:2,300 SF
Transaction Type:Lease

The retail property at 8 West 37th Street in Midtown Manhattan has been leased. The asset spans 2,300 square feet with an asking rent of $100 per square foot. The deal involves the landlord Jack & Ray Yadidi and the tenant VanMoof. The transaction was facilitated by brokers Carolina Aziz, Ike Bibi, Brandon Berger, and Maddy Soffer from KSR.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 8 West 37th Street
  • Market: Midtown Manhattan
  • Landlord: Jack & Ray Yadidi
  • Tenant: VanMoof
  • Brokers: Carolina Aziz, Ike Bibi, Brandon Berger & Maddy Soffer - KSR
  • Asking Rent: $100/ft
  • Square Footage: 2,300
  • Lease Type: Retail Lease

The team at KSR, comprising Carolina Aziz, Ike Bibi, Brandon Berger, and Maddy Soffer, played a pivotal role in the successful leasing of the retail space at 8 West 37th Street to VanMoof. This transaction marks a significant step for both the landlord, Jack & Ray Yadidi, and the tenant, VanMoof, as they forge a new business relationship in the vibrant Midtown Manhattan market.

Players

Ike Bibi
124 deals$274.3M volume(347) 417-2860
BROKER

Carolina Aziz
Kassin Sabbagh Realty
95 deals$24.8M volume(516) 640-6961
BROKER


Details

LEASED
IMAGE: Carolina Aziz, Ike Bibi, Brandon Berger & Maddy Soffer DATE: 03/14/2024 ADDRESS: 8 West 37th Street MARKET: Midtown Manhattan ASSET TYPE: Retail LANDLORD: Jack & Ray Yadidi TENANT: VanMoof BROKERS: Carolina Aziz (@CarolinaAziz), Ike Bibi (@IkeB), Brandon Berger (@BmBerger) & Maddy Soffer (@MaddySoffer) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $100/ft ~ SF: 2,300 LEASE TYPE: Retail Lease

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Deal Type
Effective Rent (Annual)

$263,669.22

Total Lease Value

$2,636,692.24

Net Landlord Cash Flow$263,669.22