Tri Coffee Corp Leases Mixed-Use Space At 385 5th Ave. In Midtown Manhattan With Brokers David Green, Ike Bibi & David Sabbagh - KSR
LEASED
New York
See Similar DealsMixed-use1,100 SF
Leased 01/01/2022
LEASED
Tri Coffee Corp Leases Mixed-Use Space At 385 5th Ave. In Midtown Manhattan With Brokers David Green, Ike Bibi & David Sabbagh - KSR
385 5th Avenue, New York City, New York 10065, United States
See Similar DealsMixed-use1,100 SF
Leased 01/01/2022
Summary
NEW YORK
Asset Type:Mixed-use
Total Square Footage:1,100 SF
Transaction Type:Lease
The mixed-use property located at 385 5th Ave in Midtown has recently been leased. The transaction took place on 01/01/2022.
Summary of transaction details:
- Property Type: Mixed-use
- Address: 385 5th Ave
- Market: Midtown
- Landlord: Hilson Management - Jeremy Schwalbe
- Tenant: Tri Coffee Corp.
- Brokers: David Green, Ike Bibi & David Sabbagh - KSR
- Asking Rent: $210/ft.
- Square Footage: 1,100
The lease deal was facilitated by brokers David Green, Ike Bibi, and David Sabbagh from KSR. They represented both the landlord, Hilson Management, and the tenant, Tri Coffee Corp.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$63,051.34
Total Lease Value
$630,513.36
Net Landlord Cash Flow$63,051.34
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