Shai Shustik Leases Retail Space To Wingstop At 1882 3rd Avenue In Harlem For $130/ft
LEASED
$130
+ 1
New York
See Similar DealsRetail1,200 SF
Leased
LEASED
Shai Shustik Leases Retail Space To Wingstop At 1882 3rd Avenue In Harlem For $130/ft
1882 3rd Avenue
See Similar DealsRetail1,200 SF
Leased
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$130
Total Square Footage:1200 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 1882 3rd Avenue in the Harlem market. The property encompasses 1,200 square feet and has an asking rent of $130 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $130/ft
- Lease Type: Retail Lease
- Landlord: Shai Shustik
- Tenant: Wingstop
- Landlord's Representative: Freddy Souid & Jack Hamadani - KSR
- Tenant's Representative: Michael Paster & Benjamin Birnbaum - Newmark
The key individuals involved in this deal include the landlord Shai Shustik and the tenant Wingstop, with Freddy Souid and Jack Hamadani representing the landlord through KSR, and Michael Paster and Benjamin Birnbaum representing the tenant via Newmark.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$178,836.52
Total Lease Value
$1,788,365.17
Net Landlord Cash Flow$178,836.52
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