Village Cafe & Grill Leases Mixed-use Space At 128 East 4th Street In East Village
LEASED
New York
See Similar DealsMixed-use1,200 SF
Leased 09/24/2020
LEASED
Village Cafe & Grill Leases Mixed-use Space At 128 East 4th Street In East Village
128 E 4th St, New York, NY 10003, USA
See Similar DealsMixed-use1,200 SF
Leased 09/24/2020
Summary
NEW YORK
Asset Type:Mixed-use
Total Square Footage:1,200 SF
Transaction Type:Lease
The mixed-use property located at 128 East 4th Street in the East Village has been leased to Village Cafe & Grill. The lease was secured on September 24, 2020, and the tenant will occupy a space of approximately 1,200 square feet. The asking rent for the property was $120 per square foot.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Date: 09/24/2020
- Address: 128 East 4th Street
- Market: East Village
- Asking Rent: $120/ft.
- Square Footage: 1,200
- Tenant: Village Cafe & Grill
Ehab Elshinawy and Nathan Horne from Compass Commercial NYC represented both the landlord, David Kuperberg, and the tenant, Village Cafe & Grill, in this lease transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$68,783.28
Total Lease Value
$687,832.76
Net Landlord Cash Flow$68,783.28
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