Bingo Wholesale Leases Retail Space At 603 Burnside Ave. In Five Towns With Urban Edge As Landlord
LEASED
New York
See Similar DealsRetail61,669 SF
Leased 05/03/2022
LEASED
Bingo Wholesale Leases Retail Space At 603 Burnside Ave. In Five Towns With Urban Edge As Landlord
603 Burnside Avenue, Inwood, New York 11096, United States
See Similar DealsRetail61,669 SF
Leased 05/03/2022
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:61,669 SF
Transaction Type:Lease
The retail property located at 603 Burnside Ave in the Five Towns market has recently been leased. The lease transaction was facilitated by Edward Gottlieb of Schuckman Realty Inc. representing the tenant, Bingo Wholesale. The landlord of this property is Urban Edge.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 05/03/2022
- Address: 603 Burnside Ave
- Market: Five Towns
The asking rent for this retail space was $20 per square foot. The total square footage of the property is 61,669 square feet.
Edward Gottlieb, from Schuckman Realty Inc., played a key role as the tenant's representative in this lease transaction. The involvement of these individuals and companies highlights the collaborative effort behind finalizing the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,534,829.87
Total Lease Value
$35,348,298.66
Net Landlord Cash Flow$3,534,829.87
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