PT Of The City Leases Retail Space At 4875 Broadway In Inwood, NYC
LEASED
New York
See Similar DealsRetail1,600 SF
LEASED
PT Of The City Leases Retail Space At 4875 Broadway In Inwood, NYC
4875 Broadway, New York, NY 10034, USA
See Similar DealsRetail1,600 SF
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:1,600 SF
Transaction Type:Lease
The retail property located at 4875 Broadway in Inwood has been leased. The property, spanning 1,600 square feet, was leased by PT OF THE CITY. The lease was facilitated by broker Samuel Hartstein of Gemstone Realty Group LLC. The asking rent for the space was $65 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 4875 Broadway, Inwood
- Tenant: PT OF THE CITY
- Broker: Samuel Hartstein - Gemstone Realty Group LLC
- Asking Rent: $65/ft
- Square Footage: 1,600
The landlord for this retail lease is The Parkoff Organization. The deal was successfully negotiated by Samuel Hartstein of Gemstone Realty Group LLC, who represented PT OF THE CITY as their broker.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$119,224.34
Total Lease Value
$1,192,243.45
Net Landlord Cash Flow$119,224.34
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