Rituals Cosmetics Leases 3200 Square Feet At 172 5th Ave New York From Thor Equities
LEASED
New York
See Similar DealsRetail3,200 SF
Leased 01/12/2016
LEASED
Rituals Cosmetics Leases 3200 Square Feet At 172 5th Ave New York From Thor Equities
172 5th Ave, New York, NY, 10010
See Similar DealsRetail3,200 SF
Leased 01/12/2016
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:3,200 SF
Transaction Type:Lease
A lease transaction has occurred for a property located at 172 5th Ave, New York, NY, 10010. The asset encompasses a total area of 3,200 square feet, situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 172 5th Ave, New York, NY, 10010
- Square Feet: 3,200
- Tenant: Rituals Cosmetics
- Landlord: Thor Equities
- Tenant's Representatives: Chris DeCrosta, Hank O’Donnell
- Landlord's Representatives: Alexandra Frangos, Sam Polese
The deal involved representation from Dallimore & Co’s Simon Dallimore and Carren Ballenger alongside Crown Retail Services’ Chris DeCrosta and Hank O’Donnell for the tenant, Rituals Cosmetics. Thor Equities, the landlord, was represented in-house by Alexandra Frangos and Sam Polese.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$183,422.07
Total Lease Value
$1,834,220.69
Net Landlord Cash Flow$183,422.07
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