New York Bone & Joint Signs Lease At 1198 3rd Avenue In NYC With Tenant Reps Eli Yadid & Joshua Berkun
LEASED
$150
New York
See Similar DealsMultiFamily2,951 SF
Leased 03/24/2023
LEASED
New York Bone & Joint Signs Lease At 1198 3rd Avenue In NYC With Tenant Reps Eli Yadid & Joshua Berkun
1198 3rd Avenue
See Similar DealsMultiFamily2,951 SF
Leased 03/24/2023
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$150
Total Square Footage:2,951 SF
Transaction Type:Lease
The retail property located at 1198 3rd Avenue in New York City has been leased. The tenant, New York Bone & Joint, has entered into a lease agreement for the space. The property has a total square footage of 2,951 square feet. The asking rent for the lease was $170 per square foot.
Summary of transaction details:
- Property Type: Retail
- Tenant: New York Bone & Joint
- Address: 1198 3rd Avenue
- Market: New York City
- Asking Rent: $170/ft
- Square Footage: 2,951
Marisa Simkin from Retail By Mona and Matthew Ball from Cushman & Wakefield represented the landlord in this lease transaction. On the other hand, Eli Yadid and Joshua Berkun from Kassin Sabbagh Realty represented New York Bone & Joint as their brokers.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$507,448.62
Total Lease Value
$5,074,486.18
Net Landlord Cash Flow$507,448.62
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