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Rembaum Design Leases Retail Space At 129 Duane Street In TriBeCa With Brokers Andrew Stern & Brandon Miller - Newmark

Property Image
LEASED
$120

New York

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Retail2,000 SF
Leased 08/21/2023
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Property Image
LEASED

Rembaum Design Leases Retail Space At 129 Duane Street In TriBeCa With Brokers Andrew Stern & Brandon Miller - Newmark

129 Duane St New York, NY 10013, USA

See Similar Deals
Retail2,000 SF
Leased 08/21/2023
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:2,000 SF
Transaction Type:Lease

The retail property located at 129 Duane Street in TriBeCa, New York City, recently underwent a lease transaction. The property, measuring approximately 2,000 square feet, was leased to Rembaum Design. The deal was facilitated by brokers Andrew Stern and Brandon Miller from Newmark. The asking rent for the property was $120 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 129 Duane Street, TriBeCa, New York City
  • Tenant: Rembaum Design
  • Brokers: Andrew Stern & Brandon Miller - Newmark
  • Asking Rent: $120 per square foot
  • Square Feet: 2,000

Andrew Stern and Brandon Miller from Newmark played a crucial role in facilitating the lease transaction of this retail property located in TriBeCa. Their expertise in the market and experience in handling such deals contributed to the successful leasing of the space to Rembaum Design. The lease transaction signifies the importance of skilled brokers in the real estate industry.

Players

Andrew Stern
76 deals$5.4M volume
BROKER

Brandon Miller
Masonre
10 deals
BROKER

Details

LEASED
IMAGE: Andrew Stern & Brandon Miller DATE: 08/21/2023 ADDRESS: 129 Duane Street MARKET: TriBeCa ASSET TYPE: Retail TENANT: Rembaum Design BROKERS: Andrew Stern & Brandon Miller - Newmark ASKING RENT: $120/ft ~ SF: 2,000

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Deal Type
Effective Rent (Annual)

$275,133.10

Total Lease Value

$2,751,331.03

Net Landlord Cash Flow$275,133.10