Thor Equities Inks New Manhattan Retail Lease
- Dec 21, 2018
Thor Equities has signed a 2,600-square-foot lease for the remaining retail space at 17 W. 125th St. in Manhattan. Tenant Smile Direct Club plans to open a SmileShop location and occupy the space on the building’s ground floor by next spring.
Located in the borough’s Harlem neighborhood, the property is a block away from a Whole Foods Grocery, while a WeWork location is right across the street. Nearby amenities include a soon-to-open Shake Shack, H&M, American Eagle, restaurants, entertainment options and landmarks.
The pre-war property encompasses a total of 46,200 square feet across five stories. The asset has 49 units—a mix of one-, two- and three-bedroom apartments, as well as four studios. The 9,000-square-foot retail component features 8-foot ceiling heights and 115 feet of frontage along 125th Street. Insomnia Cookies, Fuel Juice Bar, Harlem Wine and Spirits, Buffalo Boss and My Wellness Solutions are among the tenants of the building.
“Our ability to fully lease 17 W. 12th St. speaks to the growing popularity of Central Harlem, which is continuing to attract quality tenants to its newly constructed and renovated retail properties,” said Thor Equities Group Chairman Joseph Sitt, in a prepared statement. In another recent deal, the company welcomed The Squash Center to one of its office buildings in the Garment District.
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