Crunch Fitness Signs Retail Lease At 401 West 207th Street In Inwood For $45/ft
LEASED
$45
New York
See Similar DealsRetail20,000 SF
Leased 08/01/2024
LEASED
Crunch Fitness Signs Retail Lease At 401 West 207th Street In Inwood For $45/ft
401 West 207th Street
See Similar DealsRetail20,000 SF
Leased 08/01/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$45
Total Square Footage:20,000 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail lease located at 401 West 207th Street in the Inwood market. The lease terms include an asking rent of $45 per square foot for a total space of 20,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $900,000
- Tenant: Crunch Fitness
- Asking Rent: $45/ft
- Square Footage: 20,000
- Date: 08/01/2024
The key individuals involved in this transaction are brokers Eli Yadid, Rafael Benor, and Nathan Ades, who represent KSR in this lease agreement, solidifying the arrangement between the landlord and Crunch Fitness.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,031,749.14
Total Lease Value
$10,317,491.38
Net Landlord Cash Flow$1,031,749.14
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