Vincent Todaro Leases Retail Space To Rhythmic Arts Center At 175 East 105th Street
LEASED
$54
New York
See Similar DealsRetail1,000 SF
Leased 03/04/2025
LEASED
Vincent Todaro Leases Retail Space To Rhythmic Arts Center At 175 East 105th Street
175 East 105th Street
See Similar DealsRetail1,000 SF
Leased 03/04/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$54
Total Square Footage:1,000 SF
Transaction Type:Lease
The transaction involves a retail asset located at 175 East 105th Street in the East Harlem market of Manhattan. The asking rent for this property is set at $60 per square foot, covering an area of 1,000 square feet. The lease type is categorized as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $60/ft
- Lease Type: Modified Gross Lease
- Landlord: Vincent Todaro
- Tenant: Rhythmic Arts Center
- Broker Representatives: Noam Aziz, Alec Namdar & Mariko Tanaka - Meridian Capital Group
This lease agreement includes involvement from multiple broker representatives, specifically Noam Aziz, Alec Namdar, and Mariko Tanaka, who represent the transaction conducted by Meridian Capital Group.
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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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