RENTAL REVENUE

12 Months Ended

Dec. 31, 2021

RENTAL REVENUE

RENTAL REVENUE

NOTE 8 – RENTAL REVENUE

Our retail property located in Paramus, New Jersey is 100% leased to two tenants as of December 31, 2021 with leases expiring through 2022.

Our multi-family property at 237 11^th is occupied by tenants who have leases ranging from one to two years and three retail tenants with leases expiring in 2027, 2032 and 2036, respectively.

We currently have one retail lease signed at 77 Greenwich which expires in 2032.

Future minimum rent due under non-cancellable tenant operating leases (excluding license agreements) as of December 31, 2021 is as follows (dollars in thousands):

	Future Minimum
Year	Rent
2022	$	3,267
2023		1,010
2024		453
2025		477
2026		487
Thereafter		2,615
	$	8,309