Abington Properties Leases Mixed-Use Space To Someday's Bakery At 297 Park Avenue South
LEASED
$190
New York
See Similar DealsMixed-use1,700 SF
Leased 06/10/2025
LEASED
Abington Properties Leases Mixed-Use Space To Someday's Bakery At 297 Park Avenue South
297 Park Avenue South
See Similar DealsMixed-use1,700 SF
Leased 06/10/2025
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$190
Total Square Footage:1,700 SF
Transaction Type:Lease
This mixed-use asset is located at 297 Park Avenue South in Manhattan. It encompasses a total square footage of 1,700. The asking rent for the property was set at $190 per square foot. The lease type is classified as a Modified Gross Lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $190/ft
- Square Footage: 1,700
- Address: 297 Park Avenue South
- Market: Manhattan
- Landlord: Abington Properties
- Tenant: Someday's Bakery
- Landlord's Representative: Charles Rapuano - RTL Real Estate
- Tenant's Representative: Eddie Mamiye - MOD
The transaction involved key representatives: Charles Rapuano acted on behalf of the landlord, Abington Properties, while Eddie Mamiye represented the tenant, Someday's Bakery. Both brokers played significant roles in facilitating the lease agreement between the two parties.
Players
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$370,283.30
Total Lease Value
$3,702,833.02
Net Landlord Cash Flow$370,283.30
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