Best Home Decorators INC. (Dba Throne Kingdom)

Published

Commercial leaseCommercial LeasesDemo

LSE-2022-00012Best Home Decorators INC. (Dba Throne Kingdom) — 140 58th Street

Annual base rent

$174,966

$11.00/SF · 15,906 SF

Term

Jan 1, 2022 — Jan 1, 2027

91% elapsed · 0.5 yrs remaining

Linked assets (contract ↔ asset)

Bush Terminal Building 140 (58th St)

Commercial Leases

Tenant

Best Home Decorators INC. (Dba Throne Kingdom)

Contract family

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

Original Commercial lease

Jan 1, 2022

Base instrument — the executed lease/agreement.

Key terms composed from 14 extracted fields · 12 verified/corrected.DemoClick any provenance chip to jump to the source clause.

Parties

Landlord

New York City Economic Development Corporation

High · 99%Verified

Tenant

Best Home Decorators INC. (Dba Throne Kingdom)

High · 98%Verified

Term & premises

Premises area

15,906 SF

High · 93%Verified

Commencement

Jan 1, 2022

High · 96%Verified

Term end

Jan 1, 2027

High · 97%Verified

Rent & escalation

Base rent (per SF)

$11.00/SF

High · 90%Verified

Base rent (annual)

$174,966

High · 95%Unverified

Escalation type

Fixed step

Medium · 76%Verified

Escalation rate

2.8%

Medium · 85%Verified

Insurance

GL per occurrence

$1,000,000

High · 90%Verified

GL aggregate

$2,000,000

Medium · 88%Verified

Additional insured

Required

High · 92%Unverified

Maintenance & responsibility

Roof & structure

Landlord

Medium · 86%Verified

HVAC filters

Tenant

Medium · 83%Verified