Jay Banks Leases Retail Space To Flor Palida Cafe At 755 Saint Nicholas Avenue For $83/ft
LEASED
$83
New York
See Similar DealsRetail800 SF
Leased 06/02/2026
LEASED
Jay Banks Leases Retail Space To Flor Palida Cafe At 755 Saint Nicholas Avenue For $83/ft
755 Saint Nicholas Avenue
See Similar DealsRetail800 SF
Leased 06/02/2026
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$83
Total Square Footage:800 SF
Transaction Type:Lease
The retail asset located at 755 Saint Nicholas Avenue in Harlem consists of 800 square feet and is leased for a term of 5 years under a Modified Gross Lease. The asking rent is $83 per square foot.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $66,400
- Landlord: Jay Banks
- Tenant: Flor Palida Cafe
- Brokers: Ben Biberaj, Brandt Lewis - IPRG Retail Leasing & Brandon Efap - Investment Property Realty Group
This transaction highlights the collaboration between the parties involved, including landlords and brokers working together to finalize the lease agreement for Flor Palida Cafe at the designated retail space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$76,120.16
Total Lease Value
$761,201.59
Net Landlord Cash Flow$76,120.16
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