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Black Horse Capital Leases Retail Space At 105 Nassau Street To Rio Grande Prosperity

Property Image
LEASED
$100
Andrew Stern
Andrew Feldman
+ 1

New York

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Retail3,102 SF
Leased 01/06/2025
the dealplayerscompscontact
Property Image
LEASED

Black Horse Capital Leases Retail Space At 105 Nassau Street To Rio Grande Prosperity

105 Nassau Street

See Similar Deals
Retail3,102 SF
Leased 01/06/2025
Andrew Stern
Andrew Feldman
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:3,102 SF
Transaction Type:Lease

The retail property located at 105 Nassau Street in the Financial District comprises a total square footage of 3,102. The asking rent for this lease is set at $100 per square foot. This transaction is identified as a long-term modified gross lease.

Summary of transaction details:

This transaction involved notable individuals from prominent agencies. Ravi Idnani and Andrew Stern represented Black Horse Capital through Newmark, while Andrew Feldman and Alex Zhao acted on behalf of Rio Grande Prosperity through The Corcoran Group.

Players

Andrew Stern
76 deals$5.4M volume
BROKER

Ravi Idnani
Newmark
67 deals$3M volume(212) 916-2938
BROKER


Details

LEASED
IMAGE: Ravi Idnani, Andrew Feldman, Alex Zhao & Andrew Stern DATE: 01/06/2025 ADDRESS: 105 Nassau Street MARKET: Financial District ASSET TYPE: Retail LANDLORD: Black Horse Capital (@BlackHorse_Capital) TENANT: Rio Grande Prosperity LANDLORD'S REP: Ravi Idnani & Andrew Stern - Newmark (@Newmark) TENANT'S REP: Andrew Feldman (@AndrewFeldman_NYC) & Alex Zhao - The Corcoran Group (@TheCorcoranGroup) ASKING RENT: $100/ft ~ SF: 3,102 LEASE TERM: Long term LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$355,609.54

Total Lease Value

$3,556,095.36

Net Landlord Cash Flow$355,609.54