FourFourSouthVillageNYC Leases Retail Space At 11 East 7th Street, East Village With Landlord Icon Realty And Tenant Rep Jeff Zheng
LEASED
New York
See Similar DealsRetail2,400 SF
Leased 01/15/2021
LEASED
FourFourSouthVillageNYC Leases Retail Space At 11 East 7th Street, East Village With Landlord Icon Realty And Tenant Rep Jeff Zheng
11 East 7th Street, Manhattan, New York, NY, USA
See Similar DealsRetail2,400 SF
Leased 01/15/2021
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:2,400 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 11 East 7th Street in the East Village market. The space encompasses 2,400 square feet with an asking rent of $170 per foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $170/ft.
- Address: 11 East 7th Street
- Market: East Village
- Tenant: @FourFourSouthVillageNYC
- Landlord: @IconRealty
- Brokers: Jeff Zheng @ElmekiesEquities
- Space Size: 2,400 SF
Jeff Zheng from Elmekies Equities has represented the landlord in this transaction. The brokerage team is focused on finding opportunities to represent landlords in retail spaces, actively negotiating with potential retail tenants. Additional team members include Edmund Beyda, who can also be contacted for inquiries regarding vacancies.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$137,566.55
Total Lease Value
$1,375,665.52
Net Landlord Cash Flow$137,566.55
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