Monsieur Bistro Leases Retail Space At 853 Lexington Avenue From The Beekman Estate
LEASED
$135
New York
See Similar DealsRetail1,100 SF
Leased 06/17/2024
LEASED
Monsieur Bistro Leases Retail Space At 853 Lexington Avenue From The Beekman Estate
853 Lexington Avenue
See Similar DealsRetail1,100 SF
Leased 06/17/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$135
Total Square Footage:1,100 SF
Transaction Type:Lease
The retail asset located at 853 Lexington Avenue in Lenox Hill, Manhattan, encompasses a total square footage of 1,100. The asking rent for the property is set at $135.00 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $135.00/ft
- Address: 853 Lexington Avenue
- Market: Lenox Hill, Manhattan
- Landlord: The Beekman Estate
- Landlord's Representative: Garrett Kelly & Justin Bustamante - Meridian Capital Group
- Tenant: Monsieur Bistro
- Tenant's Representative: Henry Rossignol - CBRE
- Lease Type: Retail Lease
The transaction was facilitated by Garrett Kelly and Justin Bustamante representing the landlord, while Henry Rossignol acted on behalf of the tenant. The lease has been established under the retail lease category.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$170,238.61
Total Lease Value
$1,702,386.08
Net Landlord Cash Flow$170,238.61
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