Steven Croman Leases Mixed-Use Property At 120 Mulberry Street To Sofia's For $220/ft

The property asset involved in this transaction is a mixed-use building located at 120 Mulberry Street in the Manhattan market. The lease asking rent is set at $220 per square foot for a total square footage of 1,200. The lease term is established for a duration of 10 years and is classified as a Modified Gross Lease.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $220/ft
• Address: 120 Mulberry Street
• Market: Manhattan
• Lease Term: 10 years
• Lease Type: Modified Gross Lease
• Landlord: Steven Croman
• Tenant: Sofia's
• Landlord's Representative: Jack Sash Basora & Mark Golberg - Tahari Realty
• Tenant's Representative: Jack Hamadani & Freddy Souid - KSR

The key individuals involved in this deal include landlord Steven Croman, who leases the property to tenant Sofia's. The transaction is represented by Jack Sash Basora and Mark Golberg from Tahari Realty on behalf of the landlord, while Jack Hamadani and Freddy Souid from KSR represent the tenant.