Michael Kane Leases Mixed-use Space To KayDee At 77 Second Avenue For $210/ft

The property at 77 Second Avenue is a mixed-use asset located in the East Village. The asking rent for this space was set at $210 per square foot, encompassing a total of 1,000 square feet, and the lease was structured as a modified gross lease with a term of 10 years.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $210/ft
• Lease Term: 10 years
• Lease Type: Modified Gross Lease
• Landlord: Michael Kane
• Tenant: KayDee
• Brokers: Dylan Solemanyan & Tyler Zar - Titan Group New York

Titan Group facilitated this direct lease arrangement for both retail storefronts at the property, ensuring the entire retail component secured occupancy. Dylan Solemanyan and Tyler Zar represented the brokerage team in this transaction.