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American Development Group Leases Retail Space To Optometry Group At 1760 2nd Avenue In New York City With Landlord's Rep Mark Tergesen & Cooper Katz From ABS Partners Real Estate

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LEASED
$105

New York

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Retail1,840 SF
Leased 10/31/2022
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Property Image
LEASED

American Development Group Leases Retail Space To Optometry Group At 1760 2nd Avenue In New York City With Landlord's Rep Mark Tergesen & Cooper Katz From ABS Partners Real Estate

1760 2nd Avenue, New York City, New York 10016, United States

See Similar Deals
Retail1,840 SF
Leased 10/31/2022
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$105
Total Square Footage:1,840 SF
Transaction Type:Lease

The retail property located at 1760 2nd Avenue in New York City has recently been leased by Optometry Group. The lease term is set for 15 years, starting from the 31st of October 2022. The property, spanning approximately 1,840 square feet, was leased at an asking rent of $105 per square foot.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 1760 2nd Avenue
  • Market: New York City

The landlord for this lease transaction is American Development Group, represented by Mark Tergesen and Cooper Katz from ABS Partners Real Estate. On the other hand, Optometry Group was represented by Evan Gasman.

Players

Mark Tergesen
15 deals$4.3M volume(212) 400-9528
BROKER

Cooper Katz
ABS Partners Real Estate
13 deals$4.3M volume(646) 439-2009
BROKER

Evan Gasman
11 deals$4.2M volume(917) 592-3196
BROKER

LANDLORD

Details

LEASED
IMAGE: Mark Tergesen, Evan Gasman & Cooper Katz DATE: 10/31/2022 ADDRESS: 1760 2nd Avenue MARKET: New York City ASSET TYPE: Retail LANDLORD: American Development Group (@AmericanDevelopmentGroup) TENANT: Optometry Group LANDLORD'S REP: Mark Tergesen (@MarkTergesen) & Cooper Katz (@Cooper_Katz) - ABS Partners Real Estate (@ABS_Partners) TENANT'S REP: Evan Gasman (@NewYorkMedicalRealty) ASKING RENT: $105/ft ~ SF: 1,840 LEASE TERM: 15 years

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Deal Type
Effective Rent (Annual)

$221,482.15

Total Lease Value

$2,214,821.48

Net Landlord Cash Flow$221,482.15