Antony Contomichalos Leases Retail Space To Fricoinc Pizza At 1319 2nd Avenue
LEASED
$170
New York
See Similar DealsRetail600 SF
Leased 01/30/2025
LEASED
Antony Contomichalos Leases Retail Space To Fricoinc Pizza At 1319 2nd Avenue
1319 2nd Avenue
See Similar DealsRetail600 SF
Leased 01/30/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$170
Total Square Footage:600 SF
Transaction Type:Lease
The retail asset located at 1319 2nd Avenue in the Upper East Side features a leased space measuring 600 square feet. The asking rent for this property was set at $170 per square foot under a Modified Gross Lease agreement.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $102,000
- Landlord: Antony Contomichalos
- Tenant: Fricoinc Pizza
- Broker: Sara Lamstein - Meridian Capital Group
- Lease Type: Modified Gross Lease
The transaction involved Antony Contomichalos as the landlord, leasing the space to Fricoinc Pizza, represented in the deal by broker Sara Lamstein from Meridian Capital Group. The agreement stipulates a modified gross lease, defining the responsibilities of the tenant and landlord regarding operating expenses.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$116,931.57
Total Lease Value
$1,169,315.69
Net Landlord Cash Flow$116,931.57
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