Allouche Gallery Leases Retail Space At 77 Mercer Street In SoHo
LEASED
New York
See Similar DealsRetail2,500 SF
Leased 02/22/2022
LEASED
Allouche Gallery Leases Retail Space At 77 Mercer Street In SoHo
77 Mercer Street, New York City, New York 10012, United States
See Similar DealsRetail2,500 SF
Leased 02/22/2022
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:2,500 SF
Transaction Type:Lease
The retail space at 77 Mercer Street in SoHo has been leased to Allouche Gallery. The property, consisting of 2,500 square feet, was leased by Robert Burke to Allouche Gallery. The deal was facilitated by Solomon Michailow and Tess Jacoby of JLL. The asking rent for the space was $200 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not provided
- Date: 02/22/2022
- Address: 77 Mercer Street
- Market: SoHo
The lease agreement for the retail space at 77 Mercer Street in SoHo was brokered by Solomon Michailow and Tess Jacoby of JLL, who represented Allouche Gallery in the deal. Robert Burke served as the landlord in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$143,298.49
Total Lease Value
$1,432,984.91
Net Landlord Cash Flow$143,298.49
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