David Silvera Of Silvera Properties Leases Retail Space To Kinship Coffee In Financial District
LEASED
$85
New York
See Similar DealsRetail953 SF
Leased 11/03/2024
LEASED
David Silvera Of Silvera Properties Leases Retail Space To Kinship Coffee In Financial District
106 South Street
See Similar DealsRetail953 SF
Leased 11/03/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$85
Total Square Footage:953 SF
Transaction Type:Lease
The retail asset involved in this transaction is located at 106 South Street in the Financial District. The lease type is a Retail Lease, with an asking rent of $85 per square foot for a total area of 953 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $85/ft
- Address: 106 South Street
- Market: Financial District
- Landlord: David Silvera - Silvera Properties
- Tenant: Kinship Coffee
- Brokers: Abe Smouha, Richard Bailey & Steven Shamula - RJBRE
The deal features the proactive efforts of RJBRE in facilitating the introduction of Kinship Coffee to the Financial District, showcasing a collaboration among the brokers Abe Smouha, Richard Bailey, and Steven Shamula.
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Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$92,863.15
Total Lease Value
$928,631.54
Net Landlord Cash Flow$92,863.15
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