Time Equities Leases Retail Space In New York For $68/SF
LEASED
$68
New York
See Similar DealsRetail13,260 SF
Leased 01/06/2017
LEASED
Time Equities Leases Retail Space In New York For $68/SF
55 5th Ave, New York, NY, 10003
See Similar DealsRetail13,260 SF
Leased 01/06/2017
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$68
Total Square Footage:13,260 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 55 5th Ave, New York, NY, 10003. This asset spans a total of 13,260 square feet and has a rent per square foot set at $68. The market for this lease is identified as New York, where the transaction has taken place.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 55 5th Ave, New York, NY, 10003
- Square Feet: 13260
- Rent/SF: 68
- Landlord: Time Equities
- Landlord's Representative: Nadja Galloway - Time Equities
- Date: 01/06/2017
The deal was facilitated by Nadja Galloway, representing the landlord, Time Equities. The specific terms and additional participants involved in the lease transaction are not detailed.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,033,675.07
Total Lease Value
$10,336,750.70
Net Landlord Cash Flow$1,033,675.07
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