Luxury Bathhouse Sanctuary Opens In Flatiron With Bathhouse Acquiring 3-Level Parking Garage | 7 West 21st Street | Jason Pruger, Ross Eisenberg | Retail | Lease

Summary

Lease

NEW YORK

Retail

34,328 sqft

A luxury bathhouse sanctuary is set to come to the heart of the Flatiron district, as a 3-level parking garage undergoes conversion. The property, located at 7 West 21st Street, offers a total of 34,328 square feet of space, with 3,565 square feet on the ground floor, 12,430 square feet on the lower level, and 18,333 square feet in the sub-basement. The market value of the retail space has been estimated to range between $50 and $100 per square foot.

Summary of transaction details:

Property Type: Retail
Transaction Amount: N/A
Address: 7 West 21st Street
Market: Flatiron
Asset Type: Retail

The landlord, William Friedland of Friedland Properties, has secured Bathhouse as the tenant for this new venture. The tenant will be represented by Ross Eisenberg of RDE Advisors. Jason Pruger of Newmark served as the landlord's representative for this lease.

Players

All
3

Agents
2
Agencies
1

Jason Pruger

Executive Managing Director

Ross Eisenberg

CEO

Newmark

Details

Deal Summary

LEASED

IMAGE: Ross Eisenberg DATE: 12/09/2021 ADDRESS: 7 West 21st Street MARKET: Flatiron ASSET TYPE: Retail LANDLORD: William Friedland - Friedland Properties TENANT: Bathhouse (@ABathHouse) 🛁 TENANT REP: Ross Eisenberg - RDE Advisors (@RDE_Advisors) LANDLORD REP: Jason Pruger - @Newmark ASKING RENT: $50 - $100/ft. ~ SF: 34,328 NOTE FROM BROKER: A 3-level parking garage in the heart of Flatiron is being converted into a luxury bathhouse sanctuary. 3,565 SF in the ground 12,430 SF in the lower level 18,333 SF in the sub-basement

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Address7 West 21st Street

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