Xinyuan Development Leases Development Site In Hells Kitchen To Diamond Braces & Bond Vet
LEASED
New York
See Similar Deals8,272 SF
Leased 10/31/2020
LEASED
Xinyuan Development Leases Development Site In Hells Kitchen To Diamond Braces & Bond Vet
615 10th Avenue & 615 10th Avenue, Manhattan, New York, NY, USA
See Similar Deals8,272 SF
Leased 10/31/2020
Summary
NEW YORK
Price Per Square Foot:$0
Total Square Footage:8,272 SF
Transaction Type:Lease
A development site located at 615 10th Avenue in Hells Kitchen has been leased. The property is owned by Xinyuan Development and consists of a total of 4,136 square feet. The tenants for this site are Diamond Braces and Bond Vet.
Summary of transaction details
- Property Type: Development Site
- Address: 615 10th Avenue
- Market: Hells Kitchen
- Tenants: Diamond Braces & Bond Vet
The deal was facilitated by the brokers David Green and Daniel Kestenbaum from KSR, along with Cassie Durand from CBRE. The asking rent for the lease was set at $130-140 per square foot.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$474,146.05
Total Lease Value
$4,741,460.48
Net Landlord Cash Flow$474,146.05
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