Fore Feathers Chicken Leases Retail Space At 347 3rd Avenue In Kips Bay, Manhattan
LEASED
$160
New York
See Similar DealsRetail750 SF
Leased 02/09/2024
LEASED
Fore Feathers Chicken Leases Retail Space At 347 3rd Avenue In Kips Bay, Manhattan
347 3rd Avenue
See Similar DealsRetail750 SF
Leased 02/09/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$160
Total Square Footage:750 SF
Transaction Type:Lease
The retail property at 347 3rd Avenue in Kips Bay, Manhattan has recently been leased. The 10-year lease was signed between Empire Management, the landlord, and Fore Feathers Chicken, the tenant. The lease type is a Single Net Lease, with an asking rent of $160 per square foot. The space measures 750 square feet, and the transaction was facilitated by the broker Michael Segerman from Current Real Estate Advisors.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Date: 02/09/2024
- Address: 347 3rd Avenue, Kips Bay, Manhattan
- Market: Kips Bay, Manhattan
- Landlord: Empire Management
- Tenant: Fore Feathers Chicken
- Broker: Michael Segerman - Current Real Estate Advisors
- Asking Rent: $160/ft
- Lease Type: Single Net Lease
- Lease Term: 10 Year
Please note that no additional information was provided in the context.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$137,566.55
Total Lease Value
$1,375,665.52
Net Landlord Cash Flow$137,566.55
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