Richard Thypin Leases Mixed-Use Property To Cafe La Rosa In Two Bridges Manhattan
LEASED
$120
New York
See Similar DealsMixed-use1,050 SF
Leased 05/27/2025
LEASED
Richard Thypin Leases Mixed-Use Property To Cafe La Rosa In Two Bridges Manhattan
47 Monroe Street
See Similar DealsMixed-use1,050 SF
Leased 05/27/2025
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$120
Total Square Footage:1,050 SF
Transaction Type:Lease
The property is a mixed-use asset located at 47 Monroe Street in the Two Bridges market of Manhattan. It encompasses a total square footage of 1,050 and has an asking rent set at $120 per square foot.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $126,000
- Address: 47 Monroe Street
- Market: Two Bridges, Manhattan
- Landlord: Richard Thypin
- Tenant: Cafe La Rosa
- Landlord's Representative: Seth Kessler - Real New York
- Tenant's Representative: Benjamin Namdar - ARA
- Lease Type: Retail Lease
This transaction involved key individuals such as landlord Richard Thypin and tenant Cafe La Rosa, with representation from Seth Kessler of Real New York for the landlord and Benjamin Namdar of ARA representing the tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$144,444.88
Total Lease Value
$1,444,448.79
Net Landlord Cash Flow$144,444.88
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