Antidote SoHo Leases Retail Space In Soho At 425 W. Broadway With Broker Neal Klotsman - Douglas Elliman
LEASED
New York
See Similar DealsRetail1,650 SF
Leased 09/26/2022
LEASED
Antidote SoHo Leases Retail Space In Soho At 425 W. Broadway With Broker Neal Klotsman - Douglas Elliman
425 West Broadway, New York City, New York 10012, United States
See Similar DealsRetail1,650 SF
Leased 09/26/2022
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:1,650 SF
Transaction Type:Lease
Antidote SoHo, a retail space located at 425 W. Broadway in Soho, has been leased by tenant Antidote SoHo. The lease was facilitated by broker Neal Klotsman of The Klotsman Team at Douglas Elliman. The transaction took place on September 26, 2022, with an asking rent of $150 per square foot for a total space of 1,650 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Leased
- Address: 425 W. Broadway
- Market: Soho
- Asking Rent: $150/ft
- Square Footage: 1,650
The lease agreement was negotiated between landlord Larry Farkas and tenant Antidote SoHo. Neal Klotsman of The Klotsman Team at Douglas Elliman represented the tenant in the deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$94,577.00
Total Lease Value
$945,770.04
Net Landlord Cash Flow$94,577.00
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