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Sunshine Laser Center Leases Retail Space At 1159 1st Avenue On Upper East Side

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LEASED
$140
Robin Abrams
Claude Kolb
+ 1

New York

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Retail3,470 SF
Leased 07/11/2023
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Property Image
LEASED

Sunshine Laser Center Leases Retail Space At 1159 1st Avenue On Upper East Side

1159 1st Ave. New York, NY 10065, USA

See Similar Deals
Retail3,470 SF
Leased 07/11/2023
Robin Abrams
Claude Kolb
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$140
Total Square Footage:3,470 SF
Transaction Type:Lease

A retail property located at 1159 1st Avenue in the Upper East Side has recently been leased. The property, measuring 3,470 square feet, was leased by Sunshine Laser Center. The landlord of this retail space is Sylvie Durham. The lease deal was facilitated by brokers Claude Kolb of KSR and Zev Sonkin, Robin Abrams, and Rebecca Olshan of Compass. The asking rent for the property was $140 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Leased
  • Address: 1159 1st Avenue, Upper East Side
  • Tenant: Sunshine Laser Center
  • Landlord: Sylvie Durham
  • Brokers: Claude Kolb - KSR; Zev Sonkin, Robin Abrams, and Rebecca Olshan - Compass
  • Asking Rent: $140 per square foot
  • Square Footage: 3,470

The leasing of the retail space at 1159 1st Avenue in the Upper East Side was handled by the team of brokers consisting of Claude Kolb from KSR and Zev Sonkin, Robin Abrams, and Rebecca Olshan from Compass. This deal brings Sunshine Laser Center as the new tenant in the property, which is owned by Sylvie Durham. With an asking rent of $140 per square foot, this lease transaction signifies the continued demand for retail spaces in the Upper East Side market.

Players

Claude Kolb
39 deals(917) 656-5304
BROKER



Details

LEASED
IMAGE: Claude Kolb DATE: 07/11/2023 ADDRESS: 1159 1st Avenue MARKET: Upper East Side ASSET TYPE: Retail LANDLORD: Sylvie Durham TENANT: Sunshine Laser Center BROKERS: Claude Kolb (@KolbClaude) - KSR (@Kassin_Sabbagh_Realty); Zev Sonkin (@Zev.Sonkin), Robin Abrams & Rebecca Olshan (@RebeccaNYC_RealEstate) - Compass (@Compass) (@CompassNY) ASKING RENT: $140/ft ~ SF: 3,470

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Deal Type
Effective Rent (Annual)

$556,915.26

Total Lease Value

$5,569,152.57

Net Landlord Cash Flow$556,915.26