Nan Xiang Soup Dumpling Signs 10-Year Lease At 167 Grand St, Williamsburg
LEASED
$140
New York
See Similar DealsMixed-use1,600 SF
Leased 01/24/2023
LEASED
Nan Xiang Soup Dumpling Signs 10-Year Lease At 167 Grand St, Williamsburg
167 Grand Street
See Similar DealsMixed-use1,600 SF
Leased 01/24/2023
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$140
Total Square Footage:1,600 SF
Transaction Type:Lease
The mixed-use property located at 167 Grand Street in Williamsburg has been leased. The transaction was completed on .
Summary of transaction details:
- Property Type: Mixed-Use
- Address: 167 Grand Street
- Market: Williamsburg
- Landlord: Charlie Alter
- Tenant: Nan Xiang Soup Dumpling
- Landlord's Representative: Donald Lai - Corcoran Group
- Tenant's Representative: Jack S. Mosseri - Silverline Realty Group
- Asking Rent: $140/ft
- Square Footage: 1,600
- Lease Term: 10 Years
Donald Lai from Corcoran Group represented the landlord, Charlie Alter, in the lease deal. Jack S. Mosseri from Silverline Realty Group acted as the tenant's representative, negotiating on behalf of Nan Xiang Soup Dumpling.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$256,790.90
Total Lease Value
$2,567,908.97
Net Landlord Cash Flow$256,790.90
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