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612-616 Eighth Ave 1,500 - 3,900 SF of Retail Space Available in New York, NY 10018
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Ground and 2nd FL | 2,400 SF | Negotiable | $209.39 CAD/SF/YR $17.45 CAD/SF/MO $502,531 CAD/YR $41,878 CAD/MO | Modified Gross | ||
| 3rd Floor, Ste 301 | 1,500 SF | Negotiable | $69.80 CAD/SF/YR $5.82 CAD/SF/MO $104,694 CAD/YR $8,725 CAD/MO | Modified Gross |
1st Floor, Ste Ground and 2nd FL
Currently Awesumdimsum Fully Built out restaurant in excellent condition with ADA compliant bathroom on ground floor and 1 bathroom on the 2nd Fl 1st and 2nd fl must be rented together 1st Fl - 1400SF approx 2nd Fl - 1000SF approx Cellar included $30,000/month Wendy's adjacent
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
3rd Floor, Ste 301
Across from Port Authority Bus Terminal. Currently Barber Shop. Private Restroom. Faces 8th Avenue with good visibility. Building tenants include Wendys.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
- Private Restrooms
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 612-616 EIGHTH AVE, NEW YORK, NY 10018
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Alma Employment Agency Corp
- Administrative and Support Services
- 1
- -
- Awesum Dimsum
- Restaurant
- 1
- -
- Gray's Papaya
- Accommodation and Food Services
- 1
- -
- Infinity Tattoo
- Services
- 1
- -
- Subway
- Sub Sandwich
- 28,950
- International
- Wendy's
- Fast-food
- 7,158
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Alma Employment Agency Corp | Administrative and Support Services | 1 | - |
| Awesum Dimsum | Restaurant | 1 | - |
| Gray's Papaya | Accommodation and Food Services | 1 | - |
| Infinity Tattoo | Services | 1 | - |
| Subway | Sub Sandwich | 28,950 | International |
| Wendy's | Fast-food | 7,158 | International |
PROPERTY FACTS
| Total Space Available | 3,900 SF | Gross Leasable Area | 9,917 SF |
| Property Type | Retail | Year Built | 1925 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 3,900 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,917 SF |
| Year Built | 1925 |
ABOUT THE PROPERTY
Directly across from Port Authority Bus Terminal 8th Avenue and 40th Street
- Bus Line
- Metro/Subway
- Signage
NEARBY MAJOR RETAILERS
Presented by
612-616 Eighth Ave
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