Annual base rent
$251,685
$15.00/SF · 16,779 SF
Term
May 1, 2024 — May 1, 2034
22% elapsed · 7.8 yrs remaining
Tenant
Zucker'S Gifts
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
May 1, 2024
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Zucker'S Gifts
Premises area
16,779 SF
Commencement
May 1, 2024
Term end
May 1, 2034
Base rent (per SF)
$15.00/SF
Base rent (annual)
$251,685
Escalation type
Fixed step
Escalation rate
2.9%
Renewal term (years)
10
Renewal notice date
May 1, 2033
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant