The Canuck Leases Retail Space In Chelsea At 202 Ninth Avenue With Landlord Hubb NYC Properties
LEASED
New York
See Similar DealsRetail2,215 SF
Leased 10/09/2021
LEASED
The Canuck Leases Retail Space In Chelsea At 202 Ninth Avenue With Landlord Hubb NYC Properties
202 9th Avenue, New York, NY 10011
See Similar DealsRetail2,215 SF
Leased 10/09/2021
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:2,215 SF
Transaction Type:Lease
The retail property located at 202 Ninth Avenue in Chelsea has been leased. The transaction took place on October 9, 2021, with an asking rent of $140 per square foot. The space spans 2,215 square feet, providing ample room for the tenant's operations. The landlord, Hubb NYC Properties, finalized the deal with The Canuck as the tenant.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Leased
- Address: 202 Ninth Avenue
- Market: Chelsea
- Asking Rent: $140/ft.
- Square Footage: 2,215
James Famularo from Meridian Retail Leasing and Steven Soutendijk from Cushman & Wakefield represented the landlord, Hubb NYC Properties, during the negotiation and lease agreement. Their expertise and experience in the retail real estate market were pivotal in securing the deal with The Canuck.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$126,962.46
Total Lease Value
$1,269,624.63
Net Landlord Cash Flow$126,962.46
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