Terence Wu Leases Retail Space At 67 Avenue C To Real Dads Network For $49/ft
LEASED
$49
New York
See Similar DealsRetail1,850 SF
Leased 08/14/2024
LEASED
Terence Wu Leases Retail Space At 67 Avenue C To Real Dads Network For $49/ft
67 Avenue C
See Similar DealsRetail1,850 SF
Leased 08/14/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$49
Total Square Footage:1,850 SF
Transaction Type:Lease
The property involved in this transaction is a retail space located at 67 Avenue C in the East Village. It features a total square footage of 1,850 and operates under a Modified Gross Lease agreement. The asking rent for this location is set at $49 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $49/ft
- Square Footage: 1,850
- Landlord: Terence Wu
- Tenant: Real Dads Network
- Brokers: Isaac Abed & Chandler Slate - Tri State Commercial Realty
The individuals involved in this deal include the landlord Terence Wu and the tenant Real Dads Network, who will occupy the retail space. The transaction was facilitated by brokers Isaac Abed and Chandler Slate from Tri State Commercial Realty, representing the interests of both parties in the leasing agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$103,920.07
Total Lease Value
$1,039,200.66
Net Landlord Cash Flow$103,920.07
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