Banter Signs 15-Year Lease At Retail Space On 201 East 31st Street In New York City
LEASED
$2,000
New York
See Similar DealsRetail2,000 SF
Leased 06/26/2023
LEASED
Banter Signs 15-Year Lease At Retail Space On 201 East 31st Street In New York City
201 E 31st St Brooklyn, NY 11226, USA
See Similar DealsRetail2,000 SF
Leased 06/26/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$2,000
Total Square Footage:2,000 SF
Transaction Type:Lease
The property involved in this lease transaction is a retail space located at 201 East 31st Street in New York City. The asset spans approximately 2,000 square feet and has been leased to Banter for a term of 15 years. The asking rent for the space was $200 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not applicable (lease)
- Address: 201 East 31st Street, New York City
- Market: New York City
- Tenant: Banter
- Brokers: Marisa Simkin & John DiGangi - Retail By Mona
- Asking Rent: $200/ft
- Lease Term: 15 years
The lease deal was facilitated by Marisa Simkin and John DiGangi from the Retail By Mona agency, serving as Banter's representatives.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,585,551.72
Total Lease Value
$45,855,517.25
Net Landlord Cash Flow$4,585,551.72
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