Italian Cafe & Wine Bar Leases Retail Space In Soho At 110 Thompson St
LEASED
New York
See Similar DealsRetail750 SF
Leased 04/11/2022
LEASED
Italian Cafe & Wine Bar Leases Retail Space In Soho At 110 Thompson St
110 Thompson Street, New York City, New York 10012, United States
See Similar DealsRetail750 SF
Leased 04/11/2022
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:750 SF
Transaction Type:Lease
110 Thompson Street, located in the Soho market, recently underwent a lease transaction. The property, which is classified as retail, was leased by Italian Cafe & Wine Bar, operated by IACCAS Corp. The tenant was represented by Alex Imperatore from Meridian Retail Leasing, while Cornerstone Management acted as the landlord's representative in the deal. The lease deal had an asking rent of $195 per square foot for a space spanning 750 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Date: April 11, 2022
- Address: 110 Thompson Street
- Market: Soho
Alex Imperatore from Meridian Retail Leasing played a crucial role as the tenant's representative, ensuring a successful lease deal for IACCAS Corp. On the other hand, Cornerstone Management represented the landlord's interests throughout the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$42,989.55
Total Lease Value
$429,895.47
Net Landlord Cash Flow$42,989.55
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