Family Medical Supply Leases Retail Space At 1381 Saint Nicholas Avenue In Manhattan
LEASED
$132
New York
See Similar DealsRetail650 SF
Leased 05/01/2025
LEASED
Family Medical Supply Leases Retail Space At 1381 Saint Nicholas Avenue In Manhattan
1381 Saint Nicholas Avenue
See Similar DealsRetail650 SF
Leased 05/01/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$132
Total Square Footage:650 SF
Transaction Type:Lease
The retail property located at 1381 Saint Nicholas Avenue in Manhattan features a lease type identified as a Modified Gross Lease. It comprises 650 square feet and has an asking rent of $132 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $132/ft
- Lease Type: Modified Gross Lease
- Landlord: Krunal Vassani
- Tenant: Family Medical Supply
- Brokers: Daniel Rachline & Eli Marcus - Meridian Capital Group
- Date of Transaction: 5/1/2025
In this transaction, Krunal Vassani acts as the landlord while Family Medical Supply is the tenant entering into the lease agreement. The brokers representing the deal are Daniel Rachline and Eli Marcus from Meridian Capital Group, facilitating the leasing process between the involved parties.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$99,045.62
Total Lease Value
$990,456.24
Net Landlord Cash Flow$99,045.62
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