Philly Pretzel Factory Leases Condo Spaces In Manhattan From Aion Partners & Renatus Group
LEASED
New York
See Similar Deals3,570 SF
Leased 08/03/2018
LEASED
Philly Pretzel Factory Leases Condo Spaces In Manhattan From Aion Partners & Renatus Group
86 Chambers Street, Manhattan, New York, NY, USA
See Similar Deals3,570 SF
Leased 08/03/2018
Summary
NEW YORK
Total Square Footage:3,570 SF
Transaction Type:Lease
A lease transaction took place in Manhattan involving a condo property located at 86 Chambers and 4-14 West 125th. The deal was finalized on August 3, 2018.
Summary of transaction details:
- Property Type: Condo
- Tenant: Philly Pretzel Factory
- Landlord: Aion Partners (86 Chambers) and The Renatus Group (4-14 West 125th)
- Asking Rent: $300 per square foot (86 Chambers) and $150 per square foot (4-14 West 125th)
- Square Footage: 300 (86 Chambers) and 3,270 (4-14 West 125th)
- Term: 10 years
Ravi Idnani and Andrew Stern of RKF represented Aion Partners in the lease deal for 86 Chambers. On the other hand, Renatus Group was represented by Dan Myers of Chambers & Kassin Sabbagh Realty for the property at 4-14 West 125th.
It's worth noting that no further information is available regarding the transaction.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$204,630.25
Total Lease Value
$2,046,302.46
Net Landlord Cash Flow$204,630.25
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