Agave NYC Signs 10-Year Lease For Retail Space In Murray Hill At 488 3rd Avenue
LEASED
New York
See Similar DealsRetail2,028 SF
Leased 11/02/2018
LEASED
Agave NYC Signs 10-Year Lease For Retail Space In Murray Hill At 488 3rd Avenue
488 3rd Avenue, Brooklyn, NY 11215
See Similar DealsRetail2,028 SF
Leased 11/02/2018
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:2,028 SF
Transaction Type:Lease
Agave NYC, a restaurant group, has signed a lease for a retail space located at 488 3rd Avenue in Murray Hill. The space spans 2,028 square feet and the lease term is set for 10 years. The property is owned by Manhattan Skyline Management - The Zucker Organization.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 488 3rd Avenue, Murray Hill
- Market: Murray Hill
- Tenant: Agave NYC
- Landlord: Manhattan Skyline Management - The Zucker Organization
- Tenant Representative: David Dushey, Hudson
- Landlord Representative: Josh Roth
- Price per Square Foot: $175
David Dushey from Hudson represented the tenant, Agave NYC, while Josh Roth represented the landlord, Manhattan Skyline Management - The Zucker Organization, in this lease transaction.
Players
LANDLORD
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$116,243.74
Total Lease Value
$1,162,437.36
Net Landlord Cash Flow$116,243.74
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