Akris Leases Retail Space At 833 Madison Avenue In Lenox Hill, Manhattan
LEASED
New York
See Similar DealsRetail1,767 SF
Leased 09/28/2023
LEASED
Akris Leases Retail Space At 833 Madison Avenue In Lenox Hill, Manhattan
833 Madison Avenue
See Similar DealsRetail1,767 SF
Leased 09/28/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$675
Total Square Footage:1,767 SF
Transaction Type:Lease
The retail property at 833 Madison Avenue in Lenox Hill, Manhattan has been leased to Veronica De Piante. The lease is a holiday pop-up lease, with a modified gross lease type. The property measures 1,767 square feet, and the asking rent is $675 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Date: 09/28/2023
- Address: 833 Madison Avenue, Lenox Hill, Manhattan
- Market: Lenox Hill, Manhattan
- Landlord: Akris
- Tenant: Veronica De Piante
- Landlord's Representative: Joel Isaacs - Isaacs & Company
- Tenant's Representative: Brandon Singer & Lauren Farnoosh - Retail By Mona
- Asking Rent: $675/ft
- Square Feet: 1,767
- Lease Type: Modified Gross Lease
- Lease Term: Holiday Pop-Up
Joel Isaacs from Isaacs & Company represented Akris, the landlord in this lease transaction. On the other hand, Brandon Singer and Lauren Farnoosh from Retail By Mona represented Veronica De Piante, the tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,367,325.55
Total Lease Value
$13,673,255.45
Net Landlord Cash Flow$1,367,325.55
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