Dermot Company Leases Retail Space To The Vintage Vault At 250 East Houston Street
LEASED
$120
New York
See Similar DealsRetail1,500 SF
Leased 09/20/2024
LEASED
Dermot Company Leases Retail Space To The Vintage Vault At 250 East Houston Street
250 East Houston Street
See Similar DealsRetail1,500 SF
Leased 09/20/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:1,500 SF
Transaction Type:Lease
The property involved in this transaction is a retail space located at 250 East Houston Street in the East Village market. The asking rent for the space is $120 per square foot, and it encompasses a total area of 1,500 square feet. The landlord for the lease is Dermot Company, and the tenant is The Vintage Vault.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120/ft
- Lease Type: Retail Lease
- Address: 250 East Houston Street
- Market: East Village
- Landlord: Dermot Company
- Tenant: The Vintage Vault
- Brokers: Norma Ashkenazi, Solomon Sharaby & Nathan Aballi - KSR
The deal was facilitated by brokers Norma Ashkenazi, Solomon Sharaby, and Nathan Aballi, representing KSR. They played a significant role in the completion of the lease transaction between the landlord and the tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$206,349.83
Total Lease Value
$2,063,498.28
Net Landlord Cash Flow$206,349.83
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