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James Nicholson Leases Retail Space To Pilates Addiction At 117 West 72nd Street For 10 Years

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LEASED
$72

New York

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Retail1,300 SF
Leased 12/15/2025
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Property Image
LEASED

James Nicholson Leases Retail Space To Pilates Addiction At 117 West 72nd Street For 10 Years

117 West 72nd Street

See Similar Deals
Retail1,300 SF
Leased 12/15/2025
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$72
Total Square Footage:1,300 SF
Transaction Type:Lease

This retail asset is located at 117 West 72nd Street in the Upper West Side market. It encompasses a leased space of 1,300 square feet, with an asking rent of $72 per square foot. The lease agreement established is a Modified Gross Lease, and the lease term is set for 10 years.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $72/ft
  • Square Footage: 1,300 SF
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Landlord: James Nicholson - Sterling West
  • Tenant: Pilates Addiction
  • Landlord's Representative: Neil Zaken & Kevin Loh - Compass

Representing the Landlord, The Zaken Team successfully executed the lease in under 90 days, highlighting their strategic marketing and disciplined execution approach to delivering results in commercial asset leasing.

Players

Neil Zaken
5 deals$31.1M volume
BROKER


Compass
BROKERAGE

Details

LEASED
IMAGE: Neil Zaken & Kevin Loh DATE: 12/15/2025 ADDRESS: 117 West 72nd Street MARKET: Upper West Side ASSET TYPE: Retail LANDLORD: James Nicholson - Sterling West TENANT: Pilates Addiction LANDLORD'S REP: Neil Zaken (@NeilZaken) & Kevin Loh (@KevinLohBroker) - Compass (@Compass) ASKING RENT: $72/ft ~ SF: 1,300 LEASE TERM: 10 Years LEASE TYPE: Modified Gross Lease NOTE FROM LANDLORD'S REP: Representing the Landlord, The Zaken Team successfully delivered a fully executed 10 Year Lease for a 1,300 Square Foot commercial retail space in under 90 days. Strategic Marketing. Disciplined Execution. Delivered Results. If you are considering leasing your commercial asset, please shoot us a messag.e

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Deal Type
Effective Rent (Annual)

$107,301.91

Total Lease Value

$1,073,019.10

Net Landlord Cash Flow$107,301.91