Kimhung Tsoi Leases Retail Space At 165 Elizabeth Street To Asaali Represented By Bridge Advisory Group
LEASED
New York
See Similar DealsRetail1,522 SF
Leased
LEASED
Kimhung Tsoi Leases Retail Space At 165 Elizabeth Street To Asaali Represented By Bridge Advisory Group
165 Elizabeth Street
See Similar DealsRetail1,522 SF
Leased
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$90
Total Square Footage:1522 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 165 Elizabeth Street in Nolita, Manhattan. The lease is a modified gross lease with an asking rent of $91 per square foot for a total area of 1,522 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $138,642
- Landlord: Kimhung Tsoi
- Tenant: Asaali
- Landlord's Representative: Yossi Capland - Compass
- Tenant's Representatives: Alex Putzer & Noah Kaplan - Bridge Advisory Group
- Lease Type: Modified Gross Lease
Bridge Advisory Group facilitated this lease signing in record time on behalf of the tenant, a fashion brand, showcasing their active collaboration with landlords across New York to secure favorable leasing solutions and rates.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$157,032.22
Total Lease Value
$1,570,322.19
Net Landlord Cash Flow$157,032.22
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