Capital One Bank Leases Space on 145th Street & St. Nicholas
Danielle Schlanger Nov. 10, 2014, 5:43 p.m.
Capital One Bank has signed a lease and moved into a space at 700 St. Nicholas Avenue, on the northeast corner of 145th Street, Commercial Observer has learned.
With the 10-year lease, Capital One Bank secured approximately 10,000 square feet in the Hillview Towers, a mixed-use property with 236 units built in 1964. The property stretches along West 145th Street between St. Nicholas and Edgecombe Avenues in the Sugar Hill section of Harlem.
Capital One’s new space was previously home to GreenPoint Bank.
The asking price was $100 per square foot.
Douglas Elliman’s Retail Group’s Faith Hope Consolo, Joseph Aquino and Arthur Maglio represented the property owner, Hillview Towers, and Capital One in the transaction. According to a spokeswoman for Douglas Elliman, the deal closed last month.
“This transaction is the proverbial icing on the cake,” said Ms. Consolo in a prepared statement. “Our goal was to bring quality retail tenants to a celebrated co-op and with this last lease, we have achieved it.”
Other tenants in the complex include include Sugar Hill Medical Plaza, Metro PCS, Smart-Aid Pharmacy, Unity Wines, W Dental and Dry Clean NYC. These deals were also secured by the Douglas Elliman team, totaling more than 25,000 square feet of space.