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Grocery Garden Leases Mixed-Use Space In Soho Manhattan From Gatsby Enterprises

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LEASED
$130

New York

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Mixed-use2,400 SF
Leased 11/30/2023
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Property Image
LEASED

Grocery Garden Leases Mixed-Use Space In Soho Manhattan From Gatsby Enterprises

529 Broome Street

See Similar Deals
Mixed-use2,400 SF
Leased 11/30/2023
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$130
Total Square Footage:2,400 SF
Transaction Type:Lease

Grocery Garden has signed a lease for a mixed-use property located at 529 Broome Street in Soho, Manhattan. The property, owned by Gatsby Enterprises, offers a total square footage of 2,400. The lease was facilitated by brokers Aaron Aziz and Joseph Gohari from Avenue Realty Advisors. The asking rent for the space was $130 per square foot.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: Not mentioned
  • Address: 529 Broome Street
  • Market: Soho, Manhattan
  • Tenant: Grocery Garden
  • Landlord: Gatsby Enterprises
  • Brokers: Aaron Aziz & Joseph Gohari - Avenue Realty Advisors
  • Asking Rent: $130/ft
  • Lease Type: Modified Gross Lease

Aaron Aziz and Joseph Gohari from Avenue Realty Advisors played crucial roles in the lease transaction between Grocery Garden and Gatsby Enterprises. Their expertise and negotiation skills facilitated the agreement for the mixed-use property at 529 Broome Street in Soho, Manhattan. This lease will allow Grocery Garden to establish its presence in a prime location within the vibrant neighborhood of Soho.

Players

Aaron Aziz
47 deals(516) 355-8018
BROKER


Gatsby Enterprises
LANDLORD

Details

LEASED
IMAGE: Aaron Aziz & Joseph Gohari DATE: 11/30/2023 ADDRESS: 529 Broome Street MARKET: Soho, Manhattan ASSET TYPE: Mixed-use LANDLORD: Gatsby Enterprises TENANT: Grocery Garden BROKERS: Aaron Aziz (@AarAziz) & Joseph Gohari (@JoeGohari) - Avenue Realty Advisors (@ARANYC_) ASKING RENT: $130/ft ~ SF: 2,400 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$357,673.03

Total Lease Value

$3,576,730.35

Net Landlord Cash Flow$357,673.03