Playto Childcare Leases Retail Space At 2 South End Avenue In Battery Park City
LEASED
$77
New York
See Similar DealsRetail7,000 SF
Leased 07/31/2024
LEASED
Playto Childcare Leases Retail Space At 2 South End Avenue In Battery Park City
2 South End Avenue
See Similar DealsRetail7,000 SF
Leased 07/31/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$77
Total Square Footage:7,000 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 2 South End Avenue in Battery Park City. The space encompasses a total area of 7,000 square feet and operates under a modified gross lease. The asking rent for this property is set at $77 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $77/ft
- Square Footage: 7,000
- Address: 2 South End Avenue
- Market: Battery Park City
- Landlord: Joanna Fan
- Tenant: Playto Childcare
- Broker Representatives: Chandler Slate & Duvy Biller - Tri State Commercial Realty
This transaction highlights the key individuals and companies involved, particularly the landlord Joanna Fan and tenant Playto Childcare. The brokerage team of Chandler Slate and Duvy Biller from Tri State Commercial Realty facilitated the deal, representing both sides in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$617,903.09
Total Lease Value
$6,179,030.95
Net Landlord Cash Flow$617,903.09
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