Charles Schwartz Leases 2,200 SF Retail Space To Unlimited Martial Arts NYC In Brooklyn
LEASED
$55
New York
See Similar DealsRetail2,200 SF
Leased
LEASED
Charles Schwartz Leases 2,200 SF Retail Space To Unlimited Martial Arts NYC In Brooklyn
5 Withers Street
See Similar DealsRetail2,200 SF
Leased
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$55
Total Square Footage:2,200 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 5 Withers Street in Brooklyn. It features an asking rent of $55 per square foot, totaling 2,200 square feet, and is under a single net lease for a term of 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $55/ft
- Square Footage: 2,200 SF
- Lease Term: 10 Years
- Lease Type: Single Net Lease
- Landlord: Charles Schwartz
- Tenant: Unlimited Martial Arts NYC
- Broker: Morris Mishan - Momentum Realty Group
The deal features key individuals such as landlord Charles Schwartz and tenant Unlimited Martial Arts NYC, with Morris Mishan of Momentum Realty Group serving as the broker representing the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$138,712.94
Total Lease Value
$1,387,129.40
Net Landlord Cash Flow$138,712.94
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