Aveda Arts & Sciences Institute New York Leases Retail Space At 35 Pearl Street In Dumbo
LEASED
$50
New York
See Similar DealsRetail16,761 SF
Leased 08/05/2024
LEASED
Aveda Arts & Sciences Institute New York Leases Retail Space At 35 Pearl Street In Dumbo
35 Pearl Street
See Similar DealsRetail16,761 SF
Leased 08/05/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:16,761 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 35 Pearl Street in the Dumbo market, comprising a total square footage of 16,761. The asking rent for this location is $50 per square foot, under a retail lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $50/ft
- Address: 35 Pearl Street
- Market: Dumbo
- Landlord: Jed Walentas - Two Trees
- Tenant: Aveda Arts & Sciences Institute New York
- Brokers: Eli Yadid, Nathan Ades & Rafael Benor - KSR
KSR represented Aveda Arts & Sciences Institute New York in this retail lease transaction. Eli Yadid, Nathan Ades, and Rafael Benor played crucial roles as the broker representatives, ensuring the successful completion of the deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$960,730.41
Total Lease Value
$9,607,304.06
Net Landlord Cash Flow$960,730.41
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