Meridian Capital Group Represents The Greene Foundation In Retail Lease At 701 1st Avenue, Midtown East
LEASED
$75
+ 1
New York
See Similar DealsRetail2,000 SF
Leased 01/23/2024
LEASED
Meridian Capital Group Represents The Greene Foundation In Retail Lease At 701 1st Avenue, Midtown East
701 1st Avenue
See Similar DealsRetail2,000 SF
Leased 01/23/2024
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$75
Total Square Footage:2,000 SF
Transaction Type:Lease
The retail property located at 701 1st Avenue in Midtown East has been leased. The property spans an area of 2,000 square feet. The lease was facilitated by brokers James Famularo, Bobby Ortense, and Jacob Mayer from Meridian Capital Group. The asking rent for this retail lease was $75 per square foot.
Summary of transation details
- Property Type: Retail
- Asking Rent: $75/ft
- Square Footage: 2,000
The landlord for this lease is Windsor Owners Corp, represented by Drew Moschella. The tenant, The Greene Foundation, has successfully secured the lease for the retail property at 701 1st Avenue.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$171,958.19
Total Lease Value
$1,719,581.90
Net Landlord Cash Flow$171,958.19
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