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Getwhizz Leases Retail Space At 206 East 116th Street In East Harlem, Manhattan

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LEASED
$75

New York

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Retail2,000 SF
Leased 12/04/2023
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Property Image
LEASED

Getwhizz Leases Retail Space At 206 East 116th Street In East Harlem, Manhattan

206 East 116th Street

See Similar Deals
Retail2,000 SF
Leased 12/04/2023
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$75
Total Square Footage:2,000 SF
Transaction Type:Lease

The retail property located at 206 East 116th Street in East Harlem, Manhattan has been leased. The asset offers approximately 2,000 square feet of space and the lease term is set for 10 years. The landlord, Neer Sachar, has agreed to a Modified Gross Lease with an asking rent of $75 per square foot.

Summary of Transaction Details

  • Property Type: Retail
  • Address: 206 East 116th Street, East Harlem, Manhattan
  • Square Footage: 2,000
  • Lease Term: 10 years
  • Asking Rent: $75 per square foot

In this lease transaction, the landlord was represented by Joey Kafif from Safdie Realty Group (SRG). The tenant, Getwhizz, was represented by Maxim Raevschi from Habendum Real Estate.

For more information or assistance with finding a new space or leasing out vacant spaces, landlords and tenants in Brooklyn, Bronx, Manhattan, and Queens can contact Joey Kafif at [email protected].

Players

13 deals$18.1M volume
BROKER



Neer Sachar
13 deals$18.1M volume
LANDLORD

Details

LEASED
IMAGE: Joey Kafif & Maxim Raevschi DATE: 12/04/2023 ADDRESS: 206 East 116th Street MARKET: East Harlem, Manhattan ASSET TYPE: Retail LANDLORD: Neer Sachar TENANT: Getwhizz LANDLORD'S REP: Joey Kafif - Safdie Realty Group (@Safdie_Realty_Group) TENANT'S REP: Maxim Raevschi - Habendum Real Estate (@HabendumRE) ASKING RENT: $75/ft ~ SF: 2,000 LEASE TYPE: Modified Gross Lease LEASE TERM: 10 years NOTE FROM LANDLORD'S REP: Safdie Realty Group (SRG) Representing landlords and tenants in Brooklyn, Bronx, Manhattan, and Queens. Contact Joey Kafif at [email protected] for assistance in finding a new space or leasing out your vacant spaces!

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Deal Type
Effective Rent (Annual)

$171,958.19

Total Lease Value

$1,719,581.90

Net Landlord Cash Flow$171,958.19