LC Lemle Real Estate Group Leases Retail Space At 1371 First Avenue In New York For $220/ft
LEASED
$220
New York
See Similar DealsRetail500 SF
Leased 11/08/2022
LEASED
LC Lemle Real Estate Group Leases Retail Space At 1371 First Avenue In New York For $220/ft
1371 1st Avenue
See Similar DealsRetail500 SF
Leased 11/08/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$220
Total Square Footage:500 SF
Transaction Type:Lease
The retail property located at 1371 First Avenue in New York has been leased. The landlord for this transaction is LC Lemle Real Estate Group. The deal was facilitated by Andrew Ingber from Meridian Capital Group. The property has a total area of 500 square feet and the asking rent was set at $220 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1371 First Avenue, New York
- Market: New York
- Landlord: LC Lemle Real Estate Group
- Broker: Andrew Ingber - Meridian Capital Group
- Asking Rent: $220 per square foot
- Total Area: 500 square feet
This lease deal showcases the collaboration between LC Lemle Real Estate Group as the landlord and Andrew Ingber from Meridian Capital Group, who represented the tenant. The transaction was completed on November 8, 2022.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$126,102.67
Total Lease Value
$1,261,026.72
Net Landlord Cash Flow$126,102.67
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