Sushi Tokyo Leases Retail Space At 521 East 12th Street Represented By Meridian Capital Group
LEASED
$164
+ 1
New York
See Similar DealsRetail730 SF
Leased 09/27/2024
LEASED
Sushi Tokyo Leases Retail Space At 521 East 12th Street Represented By Meridian Capital Group
521 East 12th Street
See Similar DealsRetail730 SF
Leased 09/27/2024
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$164
Total Square Footage:730 SF
Transaction Type:Lease
The retail asset located at 521 East 12th Street in the East Village has a total square footage of 1,000. The lease for this property has been finalized under a Modified Gross Lease, with an asking rent of $144 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $144/ft
- Square Footage: 1,000
- Lease Type: Modified Gross Lease
- Landlord: GPS Realty
- Tenant: Sushi Tokyo
- Landlord's Rep: Ben Biberaj & Eli Marcus - Meridian Capital Group
- Tenant's Rep: Noam Aziz & Carson Shahrabani - Meridian Capital Group
The key individuals involved in this transaction include Ben Biberaj and Eli Marcus, who represent the landlord, and Noam Aziz and Carson Shahrabani, representing the tenant. All four individuals are from Meridian Capital Group.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$137,563.57
Total Lease Value
$1,375,635.71
Net Landlord Cash Flow$137,563.57
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