Centennial Properties Leases South Store At 42 Ave B In New York
LEASED
$105
National
See Similar DealsRetail750 SF
Leased 04/07/2023
LEASED
Centennial Properties Leases South Store At 42 Ave B In New York
42 Ave B South Store
See Similar DealsRetail750 SF
Leased 04/07/2023
Summary
Asset Type:Retail
Price Per Square Foot:$105
Total Square Footage:750 SF
Transaction Type:Lease
A lease transaction has been completed for the retail property located at 42 Ave B in New York. The property, owned by Centennial Properties, was leased out to a tenant. The lease was facilitated by Ben Biberaj and Elliot Wygoda from the Meridian Capital Group. The asking rent for the property was $105 per square foot for a total of 750 square feet.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $105/ft
- Square Footage: 750
- Address: 42 Ave B - South Store
- Market: New York
- Landlord: Centennial Properties
- Brokers: Ben Biberaj & Elliot Wygoda - Meridian Capital Group
The lease transaction was successfully completed under the representation of Ben Biberaj and Elliot Wygoda from the Meridian Capital Group. This deal highlights the expertise of these professionals in securing a lease agreement for the retail property on behalf of Centennial Properties.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$90,278.05
Total Lease Value
$902,780.50
Net Landlord Cash Flow$90,278.05
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