Vincent Ning Signs 10-Year Lease For Retail Space At 186 Allen Street In Manhattan
LEASED
$180
New York
See Similar DealsRetail1,000 SF
Leased 10/23/2023
LEASED
Vincent Ning Signs 10-Year Lease For Retail Space At 186 Allen Street In Manhattan
186 Allen Street
See Similar DealsRetail1,000 SF
Leased 10/23/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$180
Total Square Footage:1,000 SF
Transaction Type:Lease
A retail property located at 186 Allen Street in Manhattan has been leased. The property encompasses approximately 1,000 square feet and is under a modified gross lease. The lease term is set at 10 years.
Summary of transation details
- Property Type: Retail
- Asking Rent: $180 per square foot
- Square Footage: 1,000
- Address: 186 Allen Street, Manhattan
- Landlord: Serge Hoyda
- Tenant: Vincent Ning
- Broker: Jessilyn Chen - Arktic Real Estate
- Lease Type: Modified Gross Lease
- Lease Term: 10 years
Jessilyn Chen, a representative from Arktic Real Estate, was involved in the leasing process. They facilitated the transaction between the landlord, Serge Hoyda, and the tenant, Vincent Ning.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$206,349.83
Total Lease Value
$2,063,498.28
Net Landlord Cash Flow$206,349.83
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