Daniel Hochberg Leases Retail Space To The Flowery At 47 3rd Avenue In East Village
LEASED
$150
New York
See Similar DealsRetail2,210 SF
Leased 05/21/2024
LEASED
Daniel Hochberg Leases Retail Space To The Flowery At 47 3rd Avenue In East Village
47 3rd Avenue
See Similar DealsRetail2,210 SF
Leased 05/21/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:2,210 SF
Transaction Type:Lease
The property asset involved in this lease transaction is a retail space located at 47 3rd Avenue in the East Village. The asking rent for this space is set at $150 per square foot, and the total square footage of the property is 2,210 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150/ft
- Square Footage: 2,210
- Address: 47 3rd Avenue
- Market: East Village
- Landlord: Daniel Hochberg
- Tenant: The Flowery
- Brokers: Michael Segerman & Roy Abraham - Current Real Estate Advisors
- Lease Type: Retail Lease
This deal was facilitated by brokers Michael Segerman and Roy Abraham, who represent Current Real Estate Advisors in the transaction. The landlord, Daniel Hochberg, has entered into a lease agreement with The Flowery as the tenant, indicating a successful negotiation between the parties involved.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$380,027.60
Total Lease Value
$3,800,275.99
Net Landlord Cash Flow$380,027.60
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