The Vintage Twin Leases Retail Space In Lower East Side At 69 Orchard Street
LEASED
$130
New York
See Similar DealsRetail1,750 SF
Leased 09/20/2023
LEASED
The Vintage Twin Leases Retail Space In Lower East Side At 69 Orchard Street
69 Orchard Street
See Similar DealsRetail1,750 SF
Leased 09/20/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$130
Total Square Footage:1,750 SF
Transaction Type:Lease
The Vintage Twin, a retail tenant, has signed a lease for a space located at 69 Orchard Street in the Lower East Side market. The property spans a total of 1,750 square feet. The asking rent for the lease was $130 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Lease
- Address: 69 Orchard Street
- Market: Lower East Side
- Landlord: Melody Malekan - The Malachite Group
- Tenant: The Vintage Twin
- Broker: Aric Trakhtenberg - Newmark
- Asking Rent: $130/ft
Aric Trakhtenberg from Newmark represented The Vintage Twin as their broker representative in this lease transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$260,803.25
Total Lease Value
$2,608,032.54
Net Landlord Cash Flow$260,803.25
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