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Heights Aesthetics Center Leases Retail Space At 110 Montague St. In New York City

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LEASED
$125

New York

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Retail1,900 SF
Leased 01/27/2023
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Property Image
LEASED

Heights Aesthetics Center Leases Retail Space At 110 Montague St. In New York City

110 Montague Street

See Similar Deals
Retail1,900 SF
Leased 01/27/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$125
Total Square Footage:1,900 SF
Transaction Type:Lease

The retail property located at 110 Montague Street in New York City has been leased. The landlord for this transaction is A Ruth & Sons Real Estate, while Heights Aesthetics Center will be the tenant. The lease was facilitated by Barry Fishbach and Aric Trakhtenberg from Newmark. The leasing terms include a duration of 10 years.

Summary of transaction details

  • Property Type: Retail
  • Asking Rent: $125/ft
  • Square Footage: 1,900
  • Lease Term: 10 years
  • Landlord: A Ruth & Sons Real Estate
  • Tenant: Heights Aesthetics Center
  • Brokers: Barry Fishbach & Aric Trakhtenberg - Newmark

This lease agreement between A Ruth & Sons Real Estate and Heights Aesthetics Center was made possible with the representation of Barry Fishbach and Aric Trakhtenberg, brokers from Newmark. The lease term of 10 years ensures a long-term arrangement for both parties involved in this transaction.

Players

Aric Trakhtenberg
50 deals$8.3M volume(212) 916-3386
BROKER

Barry Fishbach
Kassin Sabbagh Realty
10 deals$15.5M volume
BROKER

LANDLORD

Details

LEASED
IMAGE: Barry Fishbach & Aric Trakhtenberg DATE: 01/27/2023 ADDRESS: 110 Montague Street MARKET: New York City ASSET TYPE: Retail LANDLORD: A Ruth & Sons Real Estate TENANT: Heights Aesthetics Center BROKERS: Barry Fishbach & Aric Trakhtenberg - Newmark ASKING RENT: $125/ft ~ SF: 1,900 LEASE TERM: 10 years

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Deal Type
Effective Rent (Annual)

$272,267.13

Total Lease Value

$2,722,671.34

Net Landlord Cash Flow$272,267.13