Tamara Malas Leases Retail Space At 143 Ludlow Street Lower East Side For $165/ft
LEASED
$165
New York
See Similar DealsRetail1,600 SF
Leased 07/11/2024
LEASED
Tamara Malas Leases Retail Space At 143 Ludlow Street Lower East Side For $165/ft
143 Ludlow Street
See Similar DealsRetail1,600 SF
Leased 07/11/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$165
Total Square Footage:1,600 SF
Transaction Type:Lease
This retail lease transaction involves a property located at 143 Ludlow Street in the Lower East Side market. The lease is for a space measuring 1,600 square feet, with an asking rent of $165 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $264,000
- Landlord: Samy Mahfar - SMA Equities
- Tenant: Tamara Malas
- Landlord's Representative: Albert Salameh & David Green - KSR
- Tenant's Representative: Abe Smouha - RJB Real Estate
- Lease Type: Retail Lease
Albert Salameh and David Green from KSR represent the landlord, while Abe Smouha from RJB Real Estaterepresents the tenant in this transaction. Note that RJBRE is enthusiastic about bringing Tamara Malas to the Lower East Side.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$302,646.41
Total Lease Value
$3,026,464.14
Net Landlord Cash Flow$302,646.41
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