The Best of NY Food Leases A Retail Space at 57 Trinity Place
LEASED
$110
New York
See Similar DealsRetail1,200 SF
Leased 05/07/2025
LEASED
The Best of NY Food Leases A Retail Space at 57 Trinity Place
57 Trinity Place
See Similar DealsRetail1,200 SF
Leased 05/07/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$110
Total Square Footage:1,200 SF
Transaction Type:Lease
This retail asset is located at 57 Trinity Place in the Manhattan market. The space encompasses 1,200 square feet and is leased under a Modified Gross Lease type. The asking rent for this property is set at $110 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $132,000
- Address: 57 Trinity Place
- Market: Manhattan
- Lease Type: Modified Gross Lease
- Tenant: The Best of NY Food
- Landlord's Rep: Sam Martorella - Ripco
- Tenant's Rep: John Roesch & Sara Lamstein - Meridian Capital Group
In this transaction, Sam Martorella represented the landlord while John Roesch and Sara Lamstein represented the tenant. This collaboration highlights the involvement of key players from different commercial real estate firms in securing the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$151,323.21
Total Lease Value
$1,513,232.07
Net Landlord Cash Flow$151,323.21
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