Town House Cafe Leases Retail Space At 350 Ninth Avenue Chelsea For $130/ft

The property involved in this transaction is located at 350 Ninth Avenue in the Chelsea market. It is a retail asset with a leased area of 1,000 square feet. The asking rent for this property was set at $130 per square foot under a modified gross lease agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $130/ft
• Square Footage: 1,000
• Address: 350 Ninth Avenue
• Market: Chelsea
• Landlord: David Sarraf
• Tenant: Town House Cafe
• Brokers: Ben Biberaj, Russell Kolen - IPRG Retail Leasing & Joseph Sobolov - Investment Property Realty Group

Key individuals in this transaction include Ben Biberaj and Russell Kolen, who represented IPRG Retail Leasing, alongside Joseph Sobolov from Investment Property Realty Group, highlighting the collaborative efforts of these brokers in facilitating the lease deal.