Annual base rent
$12,000
$1.36/SF · 8,849 SF
Term
Dec 29, 2020 — Dec 29, 2080
9% elapsed · 54.5 yrs remaining
Tenant
Bronx Point Owner LLC
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Dec 29, 2020
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Bronx Point Owner LLC
Premises area
8,849 SF
Commencement
Dec 29, 2020
Term end
Dec 29, 2080
Base rent (per SF)
$1.36/SF
Base rent (annual)
$12,000
Escalation type
CPI
Escalation rate
2.8%
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant