Dubai Watch Week Leases Retail Space In Meatpacking District At 875 Washington St
LEASED
$500
+ 1
New York
See Similar DealsRetail4,985 SF
Leased 09/12/2022
LEASED
Dubai Watch Week Leases Retail Space In Meatpacking District At 875 Washington St
875 Washington Street
See Similar DealsRetail4,985 SF
Leased 09/12/2022
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$500
Total Square Footage:4,985 SF
Transaction Type:Lease
The lease of a retail space in the Meatpacking District has been finalized at 875 Washington St. The property spans a total area of 4,985 square feet. The transaction took place on September 12, 2022.
Summary of transaction details
- Property Type: Retail
- Address: 875 Washington St.
- Market: Meatpacking District
The landlord for this property is RRF Realty and Raycliff Capital. The tenant who has secured the lease is Dubai Watch Week. The deal was facilitated by the retail team at MONA, with Brandon Singer, Michael Cody, Suzanne Bernstock, and Max Kreinces representing the tenant. The asking rent for the space was $500 per square foot.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,857,371.92
Total Lease Value
$28,573,719.18
Net Landlord Cash Flow$2,857,371.92
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