Famularo and Geoghegan of Eastern Consolidated to market 2,800 s/f retail space in Hell's Kitchen
Eastern Consolidated has been retained as the exclusive leasing agent for 695 Ninth Ave., a 2,800 s/f retail store front located at the corner of West 48th St. in Hell's Kitchen.
The space is comprised of 2,000 s/f on the ground floor and 800 s/f on the lower level. It also features 25 ft. of sidewalk frontage on a Prime Corner of Ninth Ave. & West 48th St. and is available for immediate possession.
"As the only store-front vacancy along this corridor that is known for its culinary diversity, we expect this prime corner retail offering to be snatched up quickly," said James Famularo, senior director of the retail leasing division for Eastern Consolidated, who exclusively represents the property along with associate director Jeff Geoghegan. "Hell's Kitchen receives a heavy and continuous flow of foot traffic, which makes this rare opportunity attractive to restaurateurs and retailers alike."
Neighboring tenants along the popular thoroughfare include Kiehl's, Southern Hospitality Bar, World Wide Plaza, Bally's Gym, Atlas Social Club, Mercury Bar, Five Napkin Burger, Amy's Bread, Fuel, Empanada Mama, Duane Reade, McDonald's, Petland Discounts, Yum-Yum and more.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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