Annual base rent
$447,566
$6.97/SF · 64,216 SF
Term
Apr 1, 2019 — Apr 1, 2034
49% elapsed · 7.7 yrs remaining
Tenant
Gateway Fulfillment LLC
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Apr 1, 2019
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Gateway Fulfillment LLC
Premises area
64,216 SF
Commencement
Apr 1, 2019
Term end
Apr 1, 2034
Base rent (per SF)
$6.97/SF
Base rent (annual)
$447,566
Escalation type
CPI
Escalation rate
2.3%
Renewal term (years)
10
Renewal notice date
Oct 1, 2032
GL per occurrence
$2,000,000
GL aggregate
$4,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant