Isaac Hakim Leases Retail Space To Westside Market At 825 2nd Avenue In Midtown East
LEASED
New York
See Similar DealsRetail21,000 SF
Leased 07/01/2024
LEASED
Isaac Hakim Leases Retail Space To Westside Market At 825 2nd Avenue In Midtown East
825 2nd Avenue
See Similar DealsRetail21,000 SF
Leased 07/01/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$125
Total Square Footage:21,000 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 825 2nd Avenue in Midtown East. The lease type is a retail lease, and the asset spans 21,000 square feet with an asking rent of $125 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $125/ft
- Address: 825 2nd Avenue
- Market: Midtown East
- Landlord: Isaac Hakim
- Tenant: Westside Market
- Brokers: David Green, Daniel Kestenbaum & Ike Bibi - KSR
- Lease Type: Retail Lease
The individuals involved in this transaction include Isaac Hakim as the landlord and Westside Market as the tenant. The brokers representing the deal are David Green, Daniel Kestenbaum, and Ike Bibi from KSR.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,009,268.32
Total Lease Value
$30,092,683.19
Net Landlord Cash Flow$3,009,268.32
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