Annual base rent
$1,580,603
$25.59/SF · 61,765 SF
Term
Jun 1, 2023 — Jun 1, 2038
21% elapsed · 11.9 yrs remaining
Tenant
Bayfront Machining LLC
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Jun 1, 2023
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Bayfront Machining LLC
Premises area
61,765 SF
Commencement
Jun 1, 2023
Term end
Jun 1, 2038
Base rent (per SF)
$25.59/SF
Base rent (annual)
$1,580,603
Escalation type
Fixed %
Escalation rate
3.4%
Renewal term (years)
5
Renewal notice date
Dec 1, 2036
GL per occurrence
$2,000,000
GL aggregate
$4,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant