MOD Signs Modified Gross Lease For Retail Space At 199 Prince Street In Soho, Manhattan
LEASED
$410
New York
See Similar DealsRetail500 SF
Leased
LEASED
MOD Signs Modified Gross Lease For Retail Space At 199 Prince Street In Soho, Manhattan
199 Prince Street
See Similar DealsRetail500 SF
Leased
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$410
Total Square Footage:500 SF
Transaction Type:Lease
Eugene Cordano has leased the retail space located at 199 Prince Street in Soho, Manhattan to MOD. The leased asset spans 500 square feet, with an asking rent of $410 per square foot under a Modified Gross Lease agreement.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 199 Prince Street, Soho, Manhattan
- Market: Soho, Manhattan
Joshua Singer from The Heller Organization represented the tenant, MOD, in this transaction. Margie Sarway from Sinvin Real Estate acted as the landlord's representative.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$235,009.53
Total Lease Value
$2,350,095.26
Net Landlord Cash Flow$235,009.53
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