Taim Leases Retail Space In Upper East Side From Highstine Capital At 1571 3rd Avenue
LEASED
$200
+ 1
New York
See Similar DealsRetail1,300 SF
Leased 06/05/2023
LEASED
Taim Leases Retail Space In Upper East Side From Highstine Capital At 1571 3rd Avenue
1571 Third Ave Bronx, NY 10454, USA
See Similar DealsRetail1,300 SF
Leased 06/05/2023
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$200
Total Square Footage:1,300 SF
Transaction Type:Lease
An Upper East Side retail property located at 1571 3rd Avenue has recently been leased. The property, measuring 1,300 square feet, was leased by Taim. The deal was facilitated by the landlord's representative, Nathan Aballi and Claude Kolb from KSR, and the tenant's representative, Marc Frankel and Drew Weiss from Newmark. The lease transaction took place on June 5, 2023.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 1571 3rd Avenue
- Market: Upper East Side
Taim, a retail tenant, has leased a 1,300 square feet space located at 1571 3rd Avenue in the Upper East Side. The deal was facilitated by Nathan Aballi and Claude Kolb from KSR, representing the landlord Highstine Capital, and Marc Frankel and Drew Weiss from Newmark, representing the tenant Taim.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$298,060.86
Total Lease Value
$2,980,608.62
Net Landlord Cash Flow$298,060.86
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