Brooklyn ChopHouse Leases Retail Space In Times Square From Friedland Properties For $1.4M/year | 253 West 47th Street | James Famularo | Retail | Lease

Summary

Lease

NEW YORK

Retail

25,000 sqft

Brooklyn ChopHouse has signed a lease for a retail space located at 253 West 47th Street in Times Square. The property, spanning 25,000 square feet, was leased for an asking rent of $56 per square foot, amounting to $1.4 million per year. The lease transaction was finalized on May 12, 2021.

Summary of transaction details

Property Type: Retail
Transaction Amount: $1.4 million per year
Address: 253 West 47th Street
Market: Times Square

Brooklyn ChopHouse's lease was facilitated by James Famularo of Meridian Retail Leasing, representing the tenant, which includes Robert “Don Pooh” Cummins and Stratis Morfogen. The landlord, Friedland Properties, represented by William Friedland, agreed to the lease agreement.

Players

All
2

Agents
1
Agencies
1

James Famularo

President of Retail Operations

$11.4M Sold

Meridian Capital Group

Details

Deal Summary

LEASED

IMAGE: @JamesFamularo, @Stratis_Morfogen & Robert “Don Pooh” Cummins (@DonPoohMusic) DATE: 05/12/2021 ADDRESS: 253 West 47th Street MARKET: Times Square ASSET TYPE: Retail TENANT: 🥩 🥟 @BrooklynChopHouse 🥟 🥩 - Robert “Don Pooh” Cummins & Stratis Morfogen LANDLORD: Friedland Properties - William Friedland BROKER: James Famularo - Meridian Retail Leasing ASKING RENT: $56/ft. ($1.4M.4/year) ~ SF: 25,000

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Address253 West 47th Street

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