Dear Coffee Leases Retail Space On Upper East Side
LEASED
$250
New York
See Similar DealsRetail1,100 SF
Leased 09/28/2023
LEASED
Dear Coffee Leases Retail Space On Upper East Side
1246 Lexington Avenue
See Similar DealsRetail1,100 SF
Leased 09/28/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$250
Total Square Footage:1,100 SF
Transaction Type:Lease
The property involved in this lease transaction is a retail space located at 1246 Lexington Avenue in the Upper East Side market. The space spans approximately 1,100 square feet.
Summary of transaction details
- Property Type: Retail
- Address: 1246 Lexington Avenue
- Market: Upper East Side
- Landlord: Allen Abbani
- Tenant: Dear Coffee
- Brokers: David Green, Daniel Kestenbaum, and Nolan Weinberg - KSR
- Asking Rent: $250 per square foot
- Lease Type: Ground Lease
The lease transaction was facilitated by brokers David Green, Daniel Kestenbaum, and Nolan Weinberg of KSR. Allen Abbani served as the landlord, while Dear Coffee became the tenant for the retail space. The space was leased under a ground lease agreement.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$315,256.68
Total Lease Value
$3,152,566.81
Net Landlord Cash Flow$315,256.68
Is there something missing? Send suggestions