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The M Jewelers Leases Office Space At 243 Canal Street In Chinatown With Tenant Rep Jeremy Aidan

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LEASED

New York

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Office5,000 SF
Leased 08/15/2020
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LEASED

The M Jewelers Leases Office Space At 243 Canal Street In Chinatown With Tenant Rep Jeremy Aidan

243 Canal St, New York, NY 10013, USA

See Similar Deals
Office5,000 SF
Leased 08/15/2020
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Summary

NEW YORK
Asset Type:Office
Total Square Footage:5,000 SF
Transaction Type:Lease

The M Jewelers has signed a lease for an office space located at 243 Canal Street in Chinatown. The property, owned by City Urban Realty and represented by Michael Alvandi, was leased through the assistance of Jamie Katcher, Douglas Regal, and Sebastian Infante from Cushman & Wakefield. The tenant was represented by Jeremy Aidan. The office space, measuring approximately 5,000 square feet, was rented at an asking rent of $60 per square foot.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: N/A
  • Date: 08/15/2020
  • Address: 243 Canal Street
  • Market: Chinatown

The M Jewelers' lease of the office space at 243 Canal Street was facilitated by the landlord's representatives, Jamie Katcher, Douglas Regal, and Sebastian Infante from Cushman & Wakefield. The tenant, represented by Jeremy Aidan, secured the space at an asking rent of $60 per square foot.

Details

LEASED
IMAGE: Jamie Katcher, Douglas Regal, Jeremy Aidan & Michael Alvandi DATE: 08/15/2020 ADDRESS: 243 Canal Street MARKET: Chinatown ASSET TYPE: Office TENANT: The M Jewelers LANDLORD: City Urban Realty – Michael Alvandi LANDLORD REP: Jamie Katcher, Douglas Regal, & Sebastian Infante – Cushman & Wakefield TENANT REP: Jeremy Aidan ASKING RENT: $60/ft. ~ SF: 5,000

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Deal Type
Effective Rent (Annual)

$286,596.98

Total Lease Value

$2,865,969.83

Net Landlord Cash Flow$286,596.98