Dance With Miss Rachel Leases Mixed-Use Space At 266 E. 78th St. On Upper East Side
LEASED
+ 2
New York
See Similar DealsMixed-use2,950 SF
Leased 06/03/2022
LEASED
Dance With Miss Rachel Leases Mixed-Use Space At 266 E. 78th St. On Upper East Side
266 East 78th Street, New York City, New York 10075, United States
See Similar DealsMixed-use2,950 SF
Leased 06/03/2022
+ 2
Summary
NEW YORK
Asset Type:Mixed-use
Total Square Footage:2,950 SF
Transaction Type:Lease
Located in the Upper East Side of New York City, the mixed-use property at 266 E. 78th St. has recently undergone a lease transaction. The property spans 2,950 square feet and was leased to Dance with Miss Rachel.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Date: 06/03/2022
- Market: Upper East Side
- Asking Rent: $100/ft.
- Landlord: NYC Holdings - Elliot Sohayegh
- Tenant: Dance with Miss Rachel
- Landlord's Representative: Steven Evans & Joseph Zalta - Platinum Properties
- Tenant's Representative: Ravi Idnani & Andrew Stern - Newmark
The lease deal was facilitated by Platinum Properties and Newmark, representing the landlord and tenant respectively. The property was leased for an asking rent of $100 per square foot.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$169,092.22
Total Lease Value
$1,690,922.20
Net Landlord Cash Flow$169,092.22
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