Walter Samuels Leases Retail Space At 90 Hudson Street To Playto Daycare In Tribeca
LEASED
$125
+ 1
New York
See Similar DealsRetail5,000 SF
Leased 05/06/2024
LEASED
Walter Samuels Leases Retail Space At 90 Hudson Street To Playto Daycare In Tribeca
90 Hudson Street
See Similar DealsRetail5,000 SF
Leased 05/06/2024
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$125
Total Square Footage:5,000 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail lease located at 90 Hudson Street in Tribeca, Manhattan. The asking rent for this location is $125 per square foot, and the total square footage of the leased space is 5,000 square feet.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $625,000
- Address: 90 Hudson Street
- Market: Tribeca, Manhattan
- Landlord: Walter Samuels
- Tenant: Playto Daycare
- Landlord's Representative: Christopher Owles - Sinvin
- Tenant's Representatives: Duvy Biller, Sherry Chera & Chandler Slate - Tri State Commercial Realty
- Lease Type: Retail Lease
The deal features a rapidly expanding tenant, Playto Daycare, which is actively searching for additional sites across New York City to accommodate its growth strategy.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$716,492.46
Total Lease Value
$7,164,924.57
Net Landlord Cash Flow$716,492.46
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