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Skinny Louie Leases Retail Space At Penn 1 In Midtown West With Broker Representation From KSR

Property Image
LEASED
$400
Madeleine "Maddy" Soffer
Ike Bibi
Carolina Aziz

New York

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Retail1,387 SF
Leased 03/14/2025
the dealplayerscompscontact
Property Image
LEASED

Skinny Louie Leases Retail Space At Penn 1 In Midtown West With Broker Representation From KSR

Pennsylvania Plaza

See Similar Deals
Retail1,387 SF
Leased 03/14/2025
Madeleine "Maddy" Soffer
Ike Bibi
Carolina Aziz
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$400
Total Square Footage:1,387 SF
Transaction Type:Lease

The property involved in this lease transaction is a retail space located at 1 Pennsylvania Plaza in Midtown West. The asking rent for the property is $400 per square foot, encompassing a total square footage of 1,387. The landlord for this retail lease is Vornado.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $400/ft
  • Square Footage: 1,387
  • Address: PENN 1, 1 Pennsylvania Plaza
  • Market: Midtown West
  • Landlord: Vornado
  • Tenant: Skinny Louie
  • Lease Type: Retail Lease
  • Brokers: Carolina Aziz, Ike Bibi & Madeleine Soffer - KSR

Carolina Aziz, Ike Bibi, and Madeleine Soffer from KSR represented the transaction. Skinny Louie is currently seeking additional sites in both Manhattan and Brooklyn, and they are open to submissions of potential locations at the provided email addresses.

Players

Ike Bibi
Kassin Sabbagh Realty
Ike Bibi
124 deals$274.3M volume(347) 417-2860
BROKER
Carolina Aziz
Kassin Sabbagh Realty
Carolina Aziz
95 deals$24.8M volume(516) 640-6961
BROKER
Madeleine "Maddy" Soffer
Kassin Sabbagh Realty
Madeleine Soffer
33 deals(347) 752-3350
BROKER
Vornado Realty Trust
Vornado Realty Trust
LANDLORD

Details

LEASED
IMAGE: Carolina Aziz, Ike Bibi & Madeleine Soffer DATE: 03/14/2025 ADDRESS: PENN 1, 1 Pennsylvania Plaza MARKET: Midtown West ASSET TYPE: Retail LANDLORD: Vornado (@VornadoRealtyTrust) TENANT: Skinny Louie BROKERS: Carolina Aziz (@CarolinaAziz), Ike Bibi (@IkeB) & Madeleine Soffer (@MaddySoffer) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $400/ft ~ SF: 1,387 LEASE TYPE: Retail Lease NOTE FROM BROKER: Skinny Louie is actively seeking sites in Manhattan and Brooklyn. Please submit any sites to [email protected], [email protected] and [email protected]

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Deal Type
Effective Rent (Annual)

$636,016.02

Total Lease Value

$6,360,160.24

Net Landlord Cash Flow$636,016.02