Kraus Aerospace, INC.

Expired

Commercial leaseCommercial LeasesDemo

LSE-2019-00002Kraus Aerospace, INC. — 140 58th Street

Annual base rent

$364,060

$20.00/SF · 18,203 SF

Term

Mar 1, 2019 — Mar 1, 2024

100% elapsed · term ended

Linked assets (contract ↔ asset)

Bush Terminal Building 140 (58th St)

Commercial Leases

Tenant

Kraus Aerospace, INC.

Contract family

Base instrument with no amendments — current terms reflect the original.

Original Commercial lease

Mar 1, 2019

Base instrument — the executed lease/agreement.

Key terms composed from 14 extracted fields · 14 verified/corrected.DemoClick any provenance chip to jump to the source clause.

Parties

Landlord

New York City Economic Development Corporation

High · 99%Verified

Tenant

Kraus Aerospace, INC.

High · 98%Verified

Term & premises

Premises area

18,203 SF

High · 93%Verified

Commencement

Mar 1, 2019

High · 96%Verified

Term end

Mar 1, 2024

High · 97%Verified

Rent & escalation

Base rent (per SF)

$20.00/SF

High · 96%Verified

Base rent (annual)

$364,060

High · 95%Verified

Escalation type

CPI

Medium · 88%Verified

Escalation rate

2.9%

Medium · 89%Verified

Insurance

GL per occurrence

$1,000,000

High · 90%Verified

GL aggregate

$2,000,000

Medium · 88%Verified

Additional insured

Required

High · 92%Verified

Maintenance & responsibility

Roof & structure

Landlord

Medium · 86%Verified

HVAC filters

Tenant

Medium · 83%Verified