ABJ Properties Leases Mixed-Use Space To Salumeria Rosi At 222 Avenue B For 15 Years

This mixed-use asset, located at 222 Avenue B in the East Village, was leased to Salumeria Rosi. The property encompasses a total square footage of 1,900 and is under a modified gross lease for a term of 15 years. The asking rent for this lease was set at $140 per square foot.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $140/ft
• Square Footage: 1,900
• Lease Term: 15 Years
• Lease Type: Modified Gross Lease
• Landlord: ABJ Properties
• Tenant: Salumeria Rosi
• Landlord's Representative: Jon Kamali, Jeremy Kamali & Justin Kamali - J3K Real Estate
• Tenant's Representative: Mark Tergesen & Howard Gilbert - ABS Partners Real Estate

The transaction involved key representatives from J3K Real Estate, who acted on behalf of ABJ Properties, and ABS Partners Real Estate, representing Salumeria Rosi. This collaboration facilitated the leasing process, ensuring the interests of both landlord and tenant were effectively addressed throughout the transaction.