Ann Tremet Cake Leases Retail Space In West Village's 47 8th Ave. From Beach Lane Management
LEASED
New York
See Similar DealsRetail1,300 SF
Leased 10/06/2021
LEASED
Ann Tremet Cake Leases Retail Space In West Village's 47 8th Ave. From Beach Lane Management
47 8th Avenue, New York City, New York 10014, United States
See Similar DealsRetail1,300 SF
Leased 10/06/2021
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:1,300 SF
Transaction Type:Lease
A retail property located at 47 8th Ave in the West Village has recently been leased. The property, spanning 1,300 square feet, was leased by tenant Ann Tremet Cake. The landlord, Beach Lane Management, facilitated the lease transaction. The leasing process was managed by broker Jessilyn Chen from Compass.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 47 8th Ave
- Market: West Village
- Tenant: Ann Tremet Cake
- Landlord: Beach Lane Management
- Broker: Jessilyn Chen - Compass
- Asking Rent: $92/ft
- Square Footage: 1,300
The deal was finalized on 10/06/2021 with an asking rent of $92 per square foot. Jessilyn Chen from Compass represented the tenant, Ann Tremet Cake, in securing the lease agreement with Beach Lane Management. The transaction reflects the ongoing activity in the West Village retail market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$74,515.22
Total Lease Value
$745,152.16
Net Landlord Cash Flow$74,515.22
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