Silverline Realty Group Secures 15-Year Lease For Multifamily Property In Upper West Side With Nan Xiang Soup Dumpling
LEASED
$160
New York
See Similar DealsMultiFamily1,400 SF
Leased 08/24/2023
LEASED
Silverline Realty Group Secures 15-Year Lease For Multifamily Property In Upper West Side With Nan Xiang Soup Dumpling
2783 Broadway New York, NY 10025, USA
See Similar DealsMultiFamily1,400 SF
Leased 08/24/2023
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$160
Total Square Footage:1,400 SF
Transaction Type:Lease
The property involved in this lease transaction is a multifamily asset located at 2783 Broadway in the Upper West Side of Manhattan. The property spans approximately 1,400 square feet and is owned by Chris Deangelis. The tenant, Nan Xiang Soup Dumpling, has entered into a lease agreement with a term of 15 years. The asking rent for the space is $160 per square foot.
Summary of transaction details
- Property Type: Multifamily
- Address: 2783 Broadway
- Market: Upper West Side, Manhattan
- Landlord: Chris Deangelis
- Tenant: Nan Xiang Soup Dumpling
- Asking Rent: $160/ft
- Lease Term: 15 Years
In brokering this lease deal, Jack Mosseri, representing Silverline Realty Group, served as the broker. Jack Mosseri facilitated the negotiation process between the landlord, Chris Deangelis, and the tenant, Nan Xiang Soup Dumpling, to finalize the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$256,790.90
Total Lease Value
$2,567,908.97
Net Landlord Cash Flow$256,790.90
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