Hidrock Properties Leases 725 SF Mixed-Use Space At 32 Fifth Ave To Insomnia Cookies
LEASED
New York
See Similar DealsMixed-use7,250 SF
Leased 06/01/2019
LEASED
Hidrock Properties Leases 725 SF Mixed-Use Space At 32 Fifth Ave To Insomnia Cookies
745 7th Ave, New York, NY 10019, USA
See Similar DealsMixed-use7,250 SF
Leased 06/01/2019
Summary
NEW YORK
Asset Type:Mixed-use
Total Square Footage:7,250 SF
Transaction Type:Lease
Located at 32 Fifth Ave in the Barclays Center/Park Slope market, a mixed-use property has recently undergone a closed transaction. The property covers a total area of 725 square feet.
Summary of transaction details
- Property Type: Mixed-use
- Tenant: @InsomniaCookies
- Landlord: Hidrock Properties
- Landlord's Representative: Hidrock Properties - Steven J. Hidary, David R. Dayan
- Tenant's Representative: SRSRE - Jansen Hafen, Jay Gilbert
- Asking Rent: $165
The deal was facilitated by Hidrock Properties' representatives, Steven J. Hidary and David R. Dayan, on behalf of the landlord. The tenant, @InsomniaCookies, was represented by Jansen Hafen and Jay Gilbert from SRSRE.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$415,565.63
Total Lease Value
$4,155,656.25
Net Landlord Cash Flow$415,565.63
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