Omar Alagahaz Signs 10-Year Lease For Mixed-Use Space At 234 8th Avenue In Manhattan
LEASED
$165
New York
See Similar DealsMixed-use1,200 SF
Leased 07/10/2023
LEASED
Omar Alagahaz Signs 10-Year Lease For Mixed-Use Space At 234 8th Avenue In Manhattan
234 8th Ave Brooklyn, NY 11215, USA
See Similar DealsMixed-use1,200 SF
Leased 07/10/2023
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$165
Total Square Footage:1,200 SF
Transaction Type:Lease
The property involved in this lease transaction is a mixed-use asset located at 234 8th Avenue in Manhattan. The property is owned by the Zada Family and the tenant is Omar Alagahaz. The lease deal was facilitated by Matthew Yazdan, a representative from Centerstone Properties.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $165 per square foot for a total of 1,200 square feet
- Lease Term: 10 years
The Zada Family serves as the landlord for this lease, while Omar Alagahaz is the tenant. Matthew Yazdan of Centerstone Properties represented both parties in this transaction. The lease term is set for 10 years, with an asking rent of $165 per square foot for a total of 1,200 square feet of space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$226,984.81
Total Lease Value
$2,269,848.10
Net Landlord Cash Flow$226,984.81
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