PARK At KIMS Signs Retail Lease On 119 Elizabeth Street In Little Italy With Landlord Benji Esshaghian
LEASED
$140
New York
See Similar DealsRetail600 SF
Leased 09/03/2024
LEASED
PARK At KIMS Signs Retail Lease On 119 Elizabeth Street In Little Italy With Landlord Benji Esshaghian
119 Elizabeth Street
See Similar DealsRetail600 SF
Leased 09/03/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$140
Total Square Footage:600 SF
Transaction Type:Lease
The retail asset located at 119 Elizabeth Street in the Little Italy market has a lease type categorized as a Retail Lease. The property encompasses 600 square feet with an asking rent of $140 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $140/ft
- Address: 119 Elizabeth Street
- Market: Little Italy
- Landlord: Benji Esshaghian - EKT Equities
- Tenant: PARK at KIMS
- Brokers: James Famularo, Jacob Mayer & Bobby Ortense - Meridian Capital Group
The transaction involved key representatives from the brokerage firm, Meridian Capital Group, focusing on the negotiation and execution of the lease agreement between EKT Equities and PARK at KIMS. The brokers listed were James Famularo, Jacob Mayer, and Bobby Ortense, all of whom played a crucial role in facilitating the deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$96,296.59
Total Lease Value
$962,965.86
Net Landlord Cash Flow$96,296.59
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