Host Restaurants Leases Retail Space At 161 8th Avenue In New York From Sidney Rubell Co
LEASED
New York
See Similar DealsRetail4,100 SF
Leased 02/25/2025
LEASED
Host Restaurants Leases Retail Space At 161 8th Avenue In New York From Sidney Rubell Co
161 8th Avenue
See Similar DealsRetail4,100 SF
Leased 02/25/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$225
Total Square Footage:4,100 SF
Transaction Type:Lease
The property involved in this lease transaction is a retail asset located at 161 8th Avenue in New York. It offers a total square footage of 4,100 and has a rent rate of $225 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 161 8th Avenue
- Market: New York
- Tenant: Host Restaurants
- Landlord: Sidney Rubell Co
- Rent/SF: $225
- Square Feet: 4,100
Key individuals involved in this transaction include Host Restaurants as the tenant and Sidney Rubell Co as the landlord. This lease was executed on February 25, 2025, representing both parties in this deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,057,542.87
Total Lease Value
$10,575,428.66
Net Landlord Cash Flow$1,057,542.87
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