Assume Lease Security Deposit

Manhattan, NY (New York County)

Centum Real Estate Group

Rate/Sq. Ft.:$91.00

Exp./Sq. Ft.:N/A

Min Space:N/A

Max Space:N/A

Year Built:2013

Assume Lease Security Deposit

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Property Description

Rare Opportunity to take over lease on restaurant space in Tribeca, NYC.

Attached Documents

Detailed Information

Building Status:
Rate/Sq. Ft.:
space is a corner location 5,002 square feet of the ground floor and 2,610 square feet of the basement floor 15 year lease with 5 year option
Current Property Expenses:
Monthly Rent-$58,000 a month with $700,000 security deposit that is assumable to new tenant.
Location Description:
Today, Tribeca is one of America's most fashionable and desirable neighborhoods and is known for its celebrity residents. In 2006 Forbes magazine ranked its 10013 zip code as New York City's most expensive. Tribeca was the safest neighborhood in New York City, according to NYPD and CompStat statistics
Current and Prior Use:
HVAC and Electric has been done to convert into restaurant.
Triple Net Lease:
Lease Terms:
15 year takeover with 5 yr option

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Otis Duffy

Property Listed By:
Otis Duffy

Centum Real Estate Group

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