PT Of The City Leases Retail Space At 752 Saint Nicholas Avenue In New York City
LEASED
$75
New York
See Similar DealsRetail1,250 SF
Leased 11/15/2022
LEASED
PT Of The City Leases Retail Space At 752 Saint Nicholas Avenue In New York City
752 Saint Nicholas Avenue
See Similar DealsRetail1,250 SF
Leased 11/15/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$75
Total Square Footage:1,250 SF
Transaction Type:Lease
The retail property located at 752 Saint Nicholas Avenue in New York City has been leased. The asset has a total area of 1,250 square feet. The landlord in this transaction is Renaissance Realty Group, represented by Adir Cohen, while the tenant is PT Of The City. The leasing deal was facilitated by Samuel Hartstein of Gemstone Realty Group LLC. The lease term is set for a period of 10 years, with an asking rent of $75 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 752 Saint Nicholas Avenue
- Market: New York City
Samuel Hartstein from Gemstone Realty Group LLC played a crucial role as the broker representing the landlord, Renaissance Realty Group. His expertise and negotiation skills helped facilitate the lease agreement between the landlord and the tenant, PT Of The City.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$107,473.87
Total Lease Value
$1,074,738.69
Net Landlord Cash Flow$107,473.87
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