Jerry Atkins Leases Retail Space To Double Summon At 133 Norfolk Street In Lower East Side
LEASED
$100
+ 2
New York
See Similar DealsRetail1,500 SF
Leased
LEASED
Jerry Atkins Leases Retail Space To Double Summon At 133 Norfolk Street In Lower East Side
133 Norfolk Street
See Similar DealsRetail1,500 SF
Leased
+ 2
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:1500 SF
Transaction Type:Lease
The retail asset located at 133 Norfolk Street in the Lower East Side has a modified gross lease type. The lease is for a total of 1,500 square feet, with an asking rent of $100 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150,000
- Address: 133 Norfolk Street
- Market: Lower East Side
- Landlord: Jerry Atkins
- Tenant: Double Summon
- Landlord's Representative: Jon Kamali, Jeremy Kamali & Justin Kamali - J3K Real Estate
- Tenant's Representative: Noah Jay - Compass
The transaction involved key representatives from both sides. The landlord was represented by Jon Kamali, Jeremy Kamali, and Justin Kamali of J3K Real Estate, while the tenant was represented by Noah Jay of Compass, facilitating the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$171,958.19
Total Lease Value
$1,719,581.90
Net Landlord Cash Flow$171,958.19
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