Annual base rent
$473,374
$22.00/SF · 21,517 SF
Term
Dec 1, 2022 — Dec 1, 2027
73% elapsed · 1.4 yrs remaining
Tenant
Absolute Mechanical Co. INC.
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Dec 1, 2022
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Absolute Mechanical Co. INC.
Premises area
21,517 SF
Commencement
Dec 1, 2022
Term end
Dec 1, 2027
Base rent (per SF)
$22.00/SF
Base rent (annual)
$473,374
Escalation type
Fixed step
Escalation rate
2.4%
Renewal term (years)
5
Renewal notice date
Dec 1, 2026
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant