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Tu Gusto Leases Retail Space At 1635 Saint Nicholas Avenue Washington Heights With Landlord Black Spruce Management

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LEASED
$132

New York

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Retail500 SF
Leased 05/15/2025
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Property Image
LEASED

Tu Gusto Leases Retail Space At 1635 Saint Nicholas Avenue Washington Heights With Landlord Black Spruce Management

1635 Saint Nicholas Avenue

See Similar Deals
Retail500 SF
Leased 05/15/2025
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$132
Total Square Footage:500 SF
Transaction Type:Lease

The property asset involved in this transaction is a retail space located at 1635 Saint Nicholas Avenue in the Washington Heights market. The asset comprises 500 square feet and is leased at an asking rent of $132 per square foot under a modified gross lease agreement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $66,000
  • Landlord: Black Spruce Management
  • Tenant: Tu Gusto
  • Broker: Aryeh Vilinsky - BH Realty
  • Date of transaction: 5/15/2025

The key individuals involved in this deal include Aryeh Vilinsky representing the leasing activities on behalf of BH Realty. The transaction underscores the engagement between the landlord, Black Spruce Management, and the tenant, Tu Gusto, culminating in a lease agreement for the retail space.

Players

Aryeh Vilinsky
62 deals(917) 450-9773
BROKER

BH Realty
BROKERAGE

Details

LEASED
IMAGE: Aryeh Vilinsky DATE: 5/15/2025 ADDRESS: 1635 Saint Nicholas Avenue MARKET: Washington Heights ASSET TYPE: Retail LANDLORD: Black Spruce Management TENANT: Tu Gusto BROKER: Aryeh Vilinsky (@aryeh.vilinsky) - BH Realty (@BHRealtyNYC) ASKING RENT: $132/ft ~ SF: 500 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$75,661.60

Total Lease Value

$756,616.03

Net Landlord Cash Flow$75,661.60