Hi5! Pet Services Leases Retail Space From Raymond Cazis At 152 East 22nd Street
LEASED
$90
New York
See Similar DealsRetail600 SF
Leased 11/04/2024
LEASED
Hi5! Pet Services Leases Retail Space From Raymond Cazis At 152 East 22nd Street
152 East 22nd Street
See Similar DealsRetail600 SF
Leased 11/04/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$90
Total Square Footage:600 SF
Transaction Type:Lease
The retail asset located at 152 East 22nd Street in the Gramercy Park market has a leased space of 600 square feet. The asking rent for this property is $90 per square foot. The lease type is a Modified Gross Lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $90/ft
- Address: 152 East 22nd Street
- Market: Gramercy Park
- Landlord: Raymond Cazis
- Tenant: Hi5! Pet Services
- Landlord's Representative: James Famularo & Bobby Ortense & Joseph Khojahiny - Meridian Capital Group
This transaction involved key representatives from Meridian Capital Group, highlighting the collaborative efforts of James Famularo, Bobby Ortense, and Joseph Khojahiny in facilitating the deal on behalf of landlord Raymond Cazis. The lease agreement benefits tenant Hi5! Pet Services, marking a significant entry into the retail sector in this market area.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$61,904.95
Total Lease Value
$619,049.48
Net Landlord Cash Flow$61,904.95
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