Heights Aesthetics Center Leases Retail Space At 110 Montague Street In New York City With Barry Fishbach & Aric Trakhtenberg - Newmark Representing The Tenant And A Ruth & Sons Real Estate As The Landlord
LEASED
$125
New York
See Similar DealsRetail1,900 SF
Leased 01/27/2023
LEASED
Heights Aesthetics Center Leases Retail Space At 110 Montague Street In New York City With Barry Fishbach & Aric Trakhtenberg - Newmark Representing The Tenant And A Ruth & Sons Real Estate As The Landlord
110 Montague Street, Brooklyn, New York 11201, United States
See Similar DealsRetail1,900 SF
Leased 01/27/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$125
Total Square Footage:1,900 SF
Transaction Type:Lease
The retail property located at 110 Montague Street in New York City has recently been leased. The lease was signed on 01/27/2023 with a term of 10 years. The tenant, Heights Aesthetics Center, will occupy a space measuring 1,900 square feet. The asking rent for this retail space was set at $125 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 110 Montague Street, New York City
- Market: New York City
- Landlord: A Ruth & Sons Real Estate
- Tenant: Heights Aesthetics Center
- Brokers: Barry Fishbach & Aric Trakhtenberg - Newmark
- Asking Rent: $125 per square foot
- Lease Term: 10 years
The lease transaction was facilitated by Barry Fishbach and Aric Trakhtenberg, representing Newmark. They played a crucial role in negotiating the terms between the landlord, A Ruth & Sons Real Estate, and the tenant, Heights Aesthetics Center. The lease agreement ensures that the retail property at 110 Montague Street will be utilized by Heights Aesthetics Center for the next decade.
Players
LANDLORD
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)
$272,267.13
Total Lease Value
$2,722,671.34
Net Landlord Cash Flow$272,267.13
Is there something missing? Send suggestions