Sunrise Kitchen Leases Retail Space At 87 North Road In Hampton Bays With JD Cohen As Landlord
LEASED
$45
New York
See Similar DealsRetail1,700 SF
Leased 01/28/2025
LEASED
Sunrise Kitchen Leases Retail Space At 87 North Road In Hampton Bays With JD Cohen As Landlord
87 North Road
See Similar DealsRetail1,700 SF
Leased 01/28/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$45
Total Square Footage:1,700 SF
Transaction Type:Lease
The property involved in this transaction is located at 87 North Road in the Hampton Bays market. It is a retail asset with a total square footage of 1,700. The asking rent for this space is set at $45 per square foot. The lease type is a NNN Lease, indicating the tenant will cover property expenses in addition to rent.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $45/ft
- Square Footage: 1,700
- Address: 87 North Road
- Market: Hampton Bays
- Landlord: JD Cohen
- Tenant: Sunrise Kitchen
- Broker: Sean Deery - Compass
In this lease transaction, JD Cohen acts as the landlord while Sunrise Kitchen will convert the first-floor retail space into a full-service café and take-out food establishment. Sean Deery of Compass represented the deal, facilitating the transaction between the landlord and tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$89,413.67
Total Lease Value
$894,136.73
Net Landlord Cash Flow$89,413.67
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