Bondi Sushi Leases Space In NoMad At 246 Fifth Avenue With Tenant's Rep Matthew Newman & Brandon Charnas Of Current Real Estate
LEASED
New York
See Similar DealsOther1,220 SF
Leased 09/01/2020
LEASED
Bondi Sushi Leases Space In NoMad At 246 Fifth Avenue With Tenant's Rep Matthew Newman & Brandon Charnas Of Current Real Estate
246 5th Ave, New York, NY 10001, USA
See Similar DealsOther1,220 SF
Leased 09/01/2020
Summary
NEW YORK
Asset Type:Other
Total Square Footage:1,220 SF
Transaction Type:Lease
A lease agreement was recently closed at 246 Fifth Avenue in the NoMad market. The property, spanning 1,220 square feet, was initially listed for $295 per square foot. However, the actual rent negotiated for the space was $200 per square foot. The lease term was set for 10 years.
Summary of transaction details
- Property Type: Lease
- Transaction Amount: $200/ft.
Ariel Akkad from HH Realty Equities, LLC acted as the landlord in the deal, while the tenant was Bondi Sushi. The lease transaction was facilitated by brokers Matthew Newman and Brandon Charnas from Current Real Estate.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$69,929.66
Total Lease Value
$699,296.64
Net Landlord Cash Flow$69,929.66
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