Iron Core Hardware Leases Retail Space From Mac Arthur Properties At 1320 2nd Avenue
LEASED
$128
New York
See Similar DealsRetail1,500 SF
Leased 01/31/2025
LEASED
Iron Core Hardware Leases Retail Space From Mac Arthur Properties At 1320 2nd Avenue
1320 2nd Avenue
See Similar DealsRetail1,500 SF
Leased 01/31/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$128
Total Square Footage:1,500 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 1320 2nd Avenue in the Lenox Hill market. The asking rent for the space is $128 per square foot, with a total size of 1,500 square feet. The lease type is categorized as a retail lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $128/ft
- Square Footage: 1,500
- Address: 1320 2nd Avenue
- Market: Lenox Hill
- Landlord: Mac Arthur Properties
- Tenant: Iron Core Hardware
- Brokers: Josh Vilinsky & Albert Manopla - KSR
This lease transaction features important participants including the landlord, Mac Arthur Properties, and the tenant, Iron Core Hardware. The brokers representing the landlord in this deal are Josh Vilinsky and Albert Manopla from KSR.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$220,106.48
Total Lease Value
$2,201,064.83
Net Landlord Cash Flow$220,106.48
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