Feldman Realty Group Leases Retail Space At 77 Chambers Street To Sarku Japan
LEASED
$150
+ 1
New York
See Similar DealsRetail3,000 SF
Leased 10/01/2024
LEASED
Feldman Realty Group Leases Retail Space At 77 Chambers Street To Sarku Japan
77 Chambers Street
See Similar DealsRetail3,000 SF
Leased 10/01/2024
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:3,000 SF
Transaction Type:Lease
The retail asset located at 77 Chambers Street in the Tribeca market features a leasing arrangement under a Modified Gross Lease. The space encompasses 3,000 square feet and is being rented at an asking rate of $150 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $450,000
- Landlord: Feldman Realty Group
- Tenant: Sarku Japan
- Landlord's Representative: Andrew Stern & Darrell Rubens - Newmark
- Tenant's Representative: Abe Smouha & Richard Bailey - RJBRE
Key individuals involved in this lease transaction include Andrew Stern and Darrell Rubens representing the landlord, while Abe Smouha and Richard Bailey serve as representatives for the tenant. The collaboration of these representatives facilitated the successful completion of the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$515,874.57
Total Lease Value
$5,158,745.69
Net Landlord Cash Flow$515,874.57
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