Taras Lozowy Leases Retail Space To Twilight Lounge At 110 1st Avenue In East Village
LEASED
$163
New York
See Similar DealsRetail1,100 SF
Leased 11/11/2024
LEASED
Taras Lozowy Leases Retail Space To Twilight Lounge At 110 1st Avenue In East Village
110 1st Avenue
See Similar DealsRetail1,100 SF
Leased 11/11/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$163
Total Square Footage:1,100 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 110 1st Avenue in the East Village market. The asking rent for the space is $163 per square foot, and the total square footage of the lease is 1,100 square feet. The lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $163/ft
- Square Footage: 1,100
- Lease Type: Modified Gross Lease
- Landlord: Taras Lozowy
- Tenant: Twilight Lounge
- Broker Representatives: James Famularo, Kyle Fink & Jessica Blocker - Meridian Capital Group
- Lease Date: 11/11/2024
James Famularo, Kyle Fink, and Jessica Blocker represented the broker agency, Meridian Capital Group, in this transaction. They facilitated the lease agreement between the landlord, Taras Lozowy, and tenant, Twilight Lounge.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$206,354.41
Total Lease Value
$2,063,544.13
Net Landlord Cash Flow$206,354.41
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