Fancy Pharmacy Inc. Leases 1,200 SF Retail Space At 132 Allen Street In Lower East Side
LEASED
New York
See Similar DealsRetail12,000 SF
Leased 01/24/2020
LEASED
Fancy Pharmacy Inc. Leases 1,200 SF Retail Space At 132 Allen Street In Lower East Side
132 Allen St, New York, NY 10002, USA
See Similar DealsRetail12,000 SF
Leased 01/24/2020
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:12,000 SF
Transaction Type:Lease
Fancy Pharmacy Inc. has recently completed a closed property transaction in the Lower East Side market. The retail space, located at 132 Allen Street, spans 1,200 square feet. The deal was facilitated by Misrahi Realty Group, represented by Jason Misrahi, Kavan Edwards, and Noah Neacsu. The asking rent for the space was $79 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 132 Allen Street
- Market: Lower East Side
- Square Footage: 1,200
- Tenant: Fancy Pharmacy Inc.
- Asking Rent: $79
- Brokers: Misrahi Realty Group - Jason Misrahi, Kavan Edwards, Noah Neacsu
The involvement of Misrahi Realty Group, led by Jason Misrahi, Kavan Edwards, and Noah Neacsu, highlights their expertise in the retail market. They successfully negotiated the deal on behalf of Fancy Pharmacy Inc., securing a favorable lease agreement. The location of the property on Allen Street adds to its appeal, benefiting both the tenant and the market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$687,832.76
Total Lease Value
$6,878,327.59
Net Landlord Cash Flow$687,832.76
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