Building: 181 E 78th Street, New York, NY 10075
Premises: Approximate Square Footage
Ground 1200 s.f.
Basement 1200 s.f.
Annual Base Rent: $216,000 per year ($18,000 per month)
Lease Term: Ten (10) years from Rent commencement date
Rent Escalations: 3% ever year
Rent Abatement: Three (3) Months
Tax Escalation: 35% share of escalations of 2016/2017
Lease Commencement: April 1, 2017
Security Deposit: Six (6) Months security deposit
Key Money: To be Discussed
Certificate of Occupancy: Tenant to represent that use shall be legal for space