EssilorLuxottica Leases Retail Space At 62 Prince Street New York With Landlord The Regina Family
LEASED
$750
New York
See Similar DealsRetail2,300 SF
Leased 03/01/2025
LEASED
EssilorLuxottica Leases Retail Space At 62 Prince Street New York With Landlord The Regina Family
62 Prince Street
See Similar DealsRetail2,300 SF
Leased 03/01/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$750
Total Square Footage:2,300 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 62 Prince Street in New York. The leased area encompasses 2,300 square feet with a rental rate of $750 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 62 Prince Street
- Market: New York
- Square Feet: 2,300
- Rent/SF: $750
- Tenant: EssilorLuxottica
- Landlord: The Regina Family
- Tenant's Representative: Joanne Podell, Cushman & Wakefield
- Landlord's Representative: Mark Kapnick, Lee & Associates
- Lease Date: 03/01/2025
The key individuals involved in this transaction include Joanne Podell from Cushman & Wakefield, representing the tenant EssilorLuxottica, and Mark Kapnick from Lee & Associates, representing the landlord The Regina Family. Their roles were pivotal in facilitating this lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,977,519.18
Total Lease Value
$19,775,191.81
Net Landlord Cash Flow$1,977,519.18
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