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9 Times Square

Industrious Office Leases 18000 SF Retail Space At 9 Times Square With Brokers Solomon Sharaby & Ezra Falack
LEASEDRetail

Industrious Office Leases 18000 SF Retail Space At 9 Times Square With Brokers Solomon Sharaby & Ezra Falack

9 Times Square

$60

$60/SF

Building Size

18,000 SF

Asset Type

Retail

Closing

Jun 8, 2025

AI

This retail lease transaction involves an asset located at 9 Times Square - 200 E 41st St in the Times Square market. The tenant, Industrious Office, has secured a lease with an asking rent of $60 per square foot for a total space of 18,000 square feet.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $60/ft
  • Address: 9 Times Square - 200 E 41st St
  • Market: Times Square
  • Sf: 18,000
  • Lease Type: Retail Lease
  • Tenant: Industrious Office
  • Brokers: Solomon Sharaby & Ezra Falack - KSR

Solomon Sharaby and Ezra Falack from KSR represent the leasing deal for the tenant, Industrious Office. Their involvement highlights the professional relationship and brokerage expertise brought to this transaction.

Players

Solomon Sharaby

Kassin Sabbagh Realty

Broker

$3M

vol

101 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage
Industrious
IndustriousTenant

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

264383.33%

Cash-on-Cash

-75561.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93