Tom Brady's Card Vault Signs Long Term Retail Lease At 244 Lafayette Street In Soho
LEASED
$300
New York
See Similar DealsRetail1,600 SF
Leased
LEASED
Tom Brady's Card Vault Signs Long Term Retail Lease At 244 Lafayette Street In Soho
244 Lafayette Street
See Similar DealsRetail1,600 SF
Leased
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$300
Total Square Footage:1600 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 244 Lafayette Street in the Soho market of Manhattan. The asking rent for this property is $350 per square foot, and it encompasses a total of 1,600 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $350/ft
- Address: 244 Lafayette Street
- Market: Soho, Manhattan
- Landlord: Jack Terzi - JTRE Holdings
- Tenant: Card Vault - Tom Brady
- Landlord's Representative: Richard Skulnik - Ripco
- Broker: Matthew Seigel - Lantern Real Estate
- Lease Type: Retail Lease
Card Vault, represented by Tom Brady, has signed a long-term lease for their New York Flagship location, highlighting the significance of this transaction in the retail landscape.
Players
BROKERAGE
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$550,266.21
Total Lease Value
$5,502,662.07
Net Landlord Cash Flow$550,266.21
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