Commercial Real Estate & Advisory

Square Feet – Transactions

May 10, 2006

Recent Lease$34 / sq. ft.approximate annual rent $102,000
Chelsea Terminal Warehouse 261 11th Avenue, at 27th Street, Manhattan
An art gallery is to open in a 3,000-square-foot space in this seven-story 1891 building.

TENANT: Black & White Gallery
TENANT BROKER: Michelle Stone, Sinvin Realty Corp.
LANDLORD: Waterfront NY
LANDLORD BROKER: Roxanne Betesh, Sinvin Realty Corp.