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David Lewis Art Gallery Leases Retail Space In East Hampton For $73/ft

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LEASED
Jeremey Tahari

New York

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Retail1,645 SF
Leased 01/01/2022
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Property Image
LEASED

David Lewis Art Gallery Leases Retail Space In East Hampton For $73/ft

53 The Circle, East Hampton, New York 11937, United States

See Similar Deals
Retail1,645 SF
Leased 01/01/2022
Jeremey Tahari
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:1,645 SF
Transaction Type:Lease

Located at 53 The Circle in East Hampton, this retail property has recently been leased. The property is owned by Elie Tahari and the tenant is the David Lewis Art Gallery. The lease transaction was facilitated by Joel Isaacs from Isaacs & Company Commercial Real Estate, who represented the tenant. The landlord, Elie Tahari, was represented by Jeremey Tahari, the Tahari Capital Managing Partner & Licensed Real Estate Salesperson for 9300 Realty. The lease was signed on January 1, 2022.

Summary of transation details

  • Property Type: Retail
  • Transaction Date: January 1, 2022
  • Address: 53 The Circle, East Hampton
  • Landlord: Elie Tahari
  • Tenant: David Lewis Art Gallery
  • Tenant's Representative: Joel Isaacs - Isaacs & Company Commercial Real Estate
  • Landlord's Representative: Jeremey Tahari - Tahari Capital Managing Partner & Licensed Real Estate Salesperson for 9300 Realty
  • Asking Rent: $73/ft.
  • Square Footage: 1,645 SF

The lease of this retail property demonstrates the collaboration between Elie Tahari and David Lewis Art Gallery. Joel Isaacs from Isaacs & Company Commercial Real Estate represented the tenant, while Jeremey Tahari, the Tahari Capital Managing Partner & Licensed Real Estate Salesperson for 9300 Realty, represented the landlord. This lease agreement marks an important milestone for both parties involved.

Players

Jeremey Tahari
16 deals$59.5M volume
BROKER

Joel Isaacs
5 deals
BROKER


2 deals$9M volume
TENANT

Details

LEASED
IMAGE: CloneX & Jeremey Tahari DATE: 01/01/2022 ADDRESS: 53 The Circle MARKET: East Hampton ASSET TYPE: Retail LANDLORD: Elie Tahari TENANT: David Lewis Art Gallery 🖼 TENANT'S REP: Joel Isaacs - Isaacs & Company Commercial Real Estate LANDLORD'S REP: Jeremey Tahari (@Jeremey) - Tahari Capital Managing Partner & Licensed Real Estate Salesperson for 9300 Realty ASKING RENT: $73/ft. ~ SF: 1,645

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Deal Type
Effective Rent (Annual)

$94,290.41

Total Lease Value

$942,904.07

Net Landlord Cash Flow$94,290.41