Moore Family Leases Private Residential Townhome From SUR Group In Kips Bay For $31/ft

The property asset involved in this transaction is a single-family residence located at 453 2nd Avenue in the Kips Bay market. The asset has an asking rent of $31 per square foot, with a total square footage of 3,350. The lease term is set for 3 months and it is classified as a single net lease. Notably, the property features five floors of private residential living along with a private garage and an elevator.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $31/ft
• Address: 453 2nd Avenue
• Market: Kips Bay
• Lease Term: 3 Month
• Lease Type: Single Net Lease
• Landlord: SUR Group
• Tenant: Moore Family
• Broker: Sachin Surujpaul

This deal involves key individuals including the landlord SUR Group and the tenant, the Moore Family. Broker Sachin Surujpaul represented the leasing involved in this closed transaction. The property has undergone top-to-bottom renovations and includes multiple spacious living areas, modern finishes, and private outdoor spaces, enhancing its appeal for residential living.