The Brodsky Organization Leases Retail Space To Lucia Pizza At 159 Columbus Avenue
LEASED
$315
New York
See Similar DealsRetail869 SF
Leased
LEASED
The Brodsky Organization Leases Retail Space To Lucia Pizza At 159 Columbus Avenue
159 Columbus Avenue
See Similar DealsRetail869 SF
Leased
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$315
Total Square Footage:869 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 159 Columbus Avenue in the Upper West Side market. The asking rent is set at $315 per square foot for a total square footage of 869. The lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $315/ft
- Square Footage: 869
- Address: 159 Columbus Avenue
- Market: Upper West Side
- Landlord: The Brodsky Organization
- Tenant: Lucia Pizza
- Tenant's Rep: Michael Shkreli & Noah Rose - RTL Real Estate
This transaction highlights the roles of the landlord, The Brodsky Organization, and tenant, Lucia Pizza. Representing the tenant in this deal are Michael Shkreli and Noah Rose from RTL Real Estate, who played a significant part in facilitating the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$313,806.50
Total Lease Value
$3,138,065.00
Net Landlord Cash Flow$313,806.50
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