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Rodney's Signs Lease At 1118 1st Avenue With Solil Management Represented By Titan Group New York

Property Image
LEASED
$120
Tyler Zar
Tanner Zar
Adam Lavian

New York

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MultiFamily2,500 SF
Leased 01/01/2025
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LEASED

Rodney's Signs Lease At 1118 1st Avenue With Solil Management Represented By Titan Group New York

1118 1st Avenue

See Similar Deals
MultiFamily2,500 SF
Leased 01/01/2025
Tyler Zar
Tanner Zar
Adam Lavian
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$120
Total Square Footage:2,500 SF
Transaction Type:Lease

The property asset involved in this transaction is a MultiFamily building located at 1118 1st Avenue in New York. The total square footage of the property is 2500.0 and the rent per square foot is set at 120.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: 300,000
  • Address: 1118 1st Avenue
  • Market: New York
  • Tenant: Rodney's
  • Landlord: Solil Management

In this transaction, Titan Group New York represented both the landlord, Solil Management, and the tenant, Rodney's. The firm specializes in commercial and residential leasing, providing guidance to owners looking to lease their vacant units.

Players

Adam Lavian
Titan Group New York
Adam Lavian
58 deals(516) 662-6176
BROKER
Tyler Zar
Titan Group New York
Tyler Zar
53 deals
BROKER
Tanner Zar
Titan Group New York
Tanner Zar
52 deals
BROKER
Solil Management
Solil Management
LANDLORD

Details

LEASED
IMAGE: Tyler Zar, Adam Lavian & Tanner Zar DATE: 01/01/2025 ADDRESS: 1118 1st Avenue MARKET: Lenox Hill ASSET TYPE: Multifamily LANDLORD: Solil Management TENANT: Rodney's BROKERS: Tyler Zar (@TylerZar), Adam Lavian (@AdamLavian) & Tanner Zar (@TannerZar) - Titan Group New York (@TitanGroupNY) ASKING RENT: $120/ft ~ SF: 2,500 LEASE TYPE: Single Net Lease NOTE FROM BROKER: Titan Group New York represented both the landlord and the tenant in this transaction. We are very excited to see the continued growth and success of "Rodney's" in this community. TGNY specializes in commercial & residential leasing. If you are an owner that needs to lease your vacant units, please reach out and we will guide you in the right direction. For more info, contact Titan Group directly: Tyler Zar [email protected] (516) 784-0478 @TitanGroupNY

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Deal Type
Effective Rent (Annual)

$343,916.38

Total Lease Value

$3,439,163.79

Net Landlord Cash Flow$343,916.38