Meridian Capital Group Represents Tenant In Lease At 97 Lexington Avenue, Kips Bay Retail
LEASED
New York
See Similar DealsRetail1,000 SF
Leased 02/01/2022
LEASED
Meridian Capital Group Represents Tenant In Lease At 97 Lexington Avenue, Kips Bay Retail
97 Lexington Avenue, New York City, New York 10016, United States
See Similar DealsRetail1,000 SF
Leased 02/01/2022
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:1,000 SF
Transaction Type:Lease
Located in the Kips Bay market, the retail property at 97 Lexington Avenue has recently been leased. The transaction took place on 02/01/2022, with an asking rent of $150 per square foot for a total space of 1,000 square feet.
Summary of transaction details
- Property Type: Retail
- Tenant's Representative: Andrew Ingber - Meridian Capital Group
- Landlord's Representative: William Akleh - Sido New York
Andrew Ingber from Meridian Capital Group represented the tenant in this leasing deal, while William Akleh from Sido New York acted as the landlord's representative. Both parties worked together to negotiate the terms and conditions of the lease.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$57,319.40
Total Lease Value
$573,193.97
Net Landlord Cash Flow$57,319.40
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