RFR Realty Leases Retail Space To Coolspa At 50 E 61st Street, Upper East Side
LEASED
$150
+ 1
New York
See Similar DealsRetail2,500 SF
Leased 10/27/2022
LEASED
RFR Realty Leases Retail Space To Coolspa At 50 E 61st Street, Upper East Side
50 East 61st Street
See Similar DealsRetail2,500 SF
Leased 10/27/2022
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:2,500 SF
Transaction Type:Lease
A retail space located at 50 E 61st Street in the Upper East Side has been leased. The property, owned by RFR Realty, will now be occupied by Coolspa. The lease deal was facilitated by the brokers from Retail By MONA. Brandon Singer, Max Kreinces, and Suzanne Bernstock represented the landlord, while Kim Levandovsky represented the tenant.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Asking Rent: $150/ft.
- Square Footage: 2,500
- Address: 50 E 61st Street
- Market: Upper East Side
The landlord, RFR Realty, and the tenant, Coolspa, have successfully reached an agreement on the lease of the retail space. This deal was negotiated by the respective brokers from Retail By MONA. Brandon Singer, Max Kreinces, and Suzanne Bernstock represented RFR Realty, while Kim Levandovsky represented Coolspa.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$429,895.47
Total Lease Value
$4,298,954.74
Net Landlord Cash Flow$429,895.47
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