3rd Ave Delight Secures Retail Lease At 560 3rd Avenue In Murray Hill From Scott Rifkin
LEASED
New York
See Similar DealsRetail1,100 SF
Leased 09/23/2024
LEASED
3rd Ave Delight Secures Retail Lease At 560 3rd Avenue In Murray Hill From Scott Rifkin
560 3rd Avenue
See Similar DealsRetail1,100 SF
Leased 09/23/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$125
Total Square Footage:1,100 SF
Transaction Type:Lease
The retail property located at 560 3rd Avenue in the Murray Hill area of Manhattan features a total square footage of 1,100 and is leased at an asking rent of $125 per foot. This property is involved in a retail lease transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $137,500
- Address: 560 3rd Avenue
- Market: Murray Hill, Manhattan
- Landlord: Scott Rifkin - Murray Hill Mews Owners Corp
- Tenant: 3rd Ave Delight
- Landlord's Representative: Max Kreinces - Retail By Mona
- Tenant's Representative: Benjamin Namdar - ARA
The deal features Scott Rifkin, representing the landlord as part of the Murray Hill Mews Owners Corp, while Benjamin Namdar serves as the tenant's representative from ARA. Max Kreinces is representing the landlord's interests in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$157,628.34
Total Lease Value
$1,576,283.41
Net Landlord Cash Flow$157,628.34
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