Brooklyn Bread Cafe Leases Retail Space At 111 Murray Street In Tribeca
LEASED
$175
New York
See Similar DealsRetail823 SF
Leased 11/01/2023
LEASED
Brooklyn Bread Cafe Leases Retail Space At 111 Murray Street In Tribeca
111 Murray Street
See Similar DealsRetail823 SF
Leased 11/01/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$175
Total Square Footage:823 SF
Transaction Type:Lease
The asset involved in this lease transaction is a retail property located at 111 Murray Street, in the Tribeca neighborhood of Manhattan. The tenant, Brooklyn Bread Cafe, is leasing 823 square feet of this property under a modified gross lease, with an asking rent of $175 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $175/ft
- Square Footage: 823
- Address: 111 Murray Street
- Market: Tribeca, Manhattan
- Landlord: Fisher Brothers
- Tenant: Brooklyn Bread Cafe
- Broker: Andrew Stern - Newmark
- Lease Type: Modified Gross Lease
Key individuals involved in this transaction include Andrew Stern, representing Newmark as the broker for this deal. The landlord of the property is Fisher Brothers, a known entity in the real estate industry.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$165,108.52
Total Lease Value
$1,651,085.22
Net Landlord Cash Flow$165,108.52
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