Annual base rent
$397,670
$14.00/SF · 28,405 SF
Term
Apr 1, 2022 — Apr 1, 2032
43% elapsed · 5.7 yrs remaining
Tenant
Elbrus Air Conditioning Service INC
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Apr 1, 2022
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Elbrus Air Conditioning Service INC
Premises area
28,405 SF
Commencement
Apr 1, 2022
Term end
Apr 1, 2032
Base rent (per SF)
$14.00/SF
Base rent (annual)
$397,670
Escalation type
Fixed %
Escalation rate
2.4%
Renewal term (years)
10
Renewal notice date
Apr 1, 2031
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant