Crystal Velez Leases Retail Space At 967 Columbus Avenue In Manhattan Valley For $109 Per Ft
LEASED
$109
New York
See Similar DealsRetail550 SF
Leased 03/05/2025
LEASED
Crystal Velez Leases Retail Space At 967 Columbus Avenue In Manhattan Valley For $109 Per Ft
967 Columbus Avenue
See Similar DealsRetail550 SF
Leased 03/05/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$109
Total Square Footage:550 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 967 Columbus Avenue in the Manhattan Valley market. The asking rent for this asset is $109 per square foot, encompassing a total area of 550 square feet. The lease type agreed upon is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $109/ft
- Square Footage: 550
- Address: 967 Columbus Avenue
- Market: Manhattan Valley
- Landlord: Steve Oved
- Tenant: Crystal Velez
- Brokers: Noam Aziz & Eli Marcus - Meridian Capital Group
This transaction involves key individuals from Meridian Capital Group, with brokers Noam Aziz and Eli Marcus representing the parties in this lease agreement. Their involvement was critical to facilitating the lease deal between landlord Steve Oved and tenant Crystal Velez.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$68,782.70
Total Lease Value
$687,827.03
Net Landlord Cash Flow$68,782.70
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