Verada Leases Retail Space At 2461 Broadway, Upper West Side To Blank Street Coffee
LEASED
New York
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Verada Leases Retail Space At 2461 Broadway, Upper West Side To Blank Street Coffee
2461 Broadway
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NEW YORK
Transaction Type:Lease
The retail asset located at 2461 Broadway in the Upper West Side market encompasses a space of 1,005 square feet. The asking rent for this property was set at $215 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $215/ft.
- Address: 2461 Broadway
- Market: Upper West Side
- Landlord: Adam America & Northlink Capital
- Tenant: Blank Street Coffee
- Landlord's Representative: Brendan Thrapp & Nate Mallon - Verada
Verada successfully facilitated the lease of this retail portion to Blank Street Coffee prior to the completion of the building project. Brendan Thrapp and Nate Mallon represented the landlords in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$573,193.97
Total Lease Value
$5,731,939.66
Net Landlord Cash Flow$573,193.97
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