Betsy & Adam Leases Retail Space At 525 7th Ave, New York
LEASED
New York
See Similar DealsRetail21,000 SF
Leased 07/26/2017
LEASED
Betsy & Adam Leases Retail Space At 525 7th Ave, New York
525 7th Ave, New York, NY, 10018
See Similar DealsRetail21,000 SF
Leased 07/26/2017
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:21,000 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 525 7th Ave, New York, NY, with a total area of 21,000 square feet. The transaction was completed in the New York market, associated with the landlord entity Olmstead Properties.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 525 7th Ave, New York, NY, 10018
- Market: New York
- Square Feet: 21,000
- Landlord: Olmstead Properties
- Tenant: Betsy & Adam
- Landlord's Representative: Samuel Friedfeld - Olmstead Properties
The deal involved key individuals and entities, including the landlord Olmstead Properties, represented by Samuel Friedfeld. The tenants of the retail asset are Betsy & Adam, indicating their involvement in this leasing transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,203,707.33
Total Lease Value
$12,037,073.28
Net Landlord Cash Flow$1,203,707.33
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