Klosed Properties Leases 5,070 SF Retail Space At 80 John Street In Financial District
LEASED
New York
See Similar DealsRetail5,070 SF
Leased 07/04/2021
LEASED
Klosed Properties Leases 5,070 SF Retail Space At 80 John Street In Financial District
80 John Street, Manhattan, New York, NY, USA
See Similar DealsRetail5,070 SF
Leased 07/04/2021
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:5,070 SF
Transaction Type:Lease
The retail space located at 80 John Street in the Financial District has been leased. The lease transaction took place on July 4, 2021. The property, spanning a total of 5,070 square feet, comprises 4,170 square feet of gym space and a 900 square foot vestibule entrance. The market where the property is situated is the Financial District.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Lease
- Address: 80 John Street
- Square Footage: 5,070 SF (4,170 SF Gym space + 900 SF vestibule entrance)
- Market: Financial District
The tenant who leased the property is Sweat440 NYC, represented by Aric Trakhtenberg and Ravi Idnani of Newmark. The landlord of the retail space is Klosed Properties, specifically Steven Kachanian.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$290,609.34
Total Lease Value
$2,906,093.41
Net Landlord Cash Flow$290,609.34
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