Steven Croman Leases Multifamily Space At 151 Rivington Street To Bao Theory For 10 Years

The property involved in this transaction is a multifamily asset located at 151 Rivington Street in the Lower East Side market. The lease, which has a term of 10 years, is structured as a modified gross lease with an asking rent of $134 per square foot. The total square footage of the leased space is 1,000 square feet.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $134/ft
• Square Footage: 1,000
• Lease Term: 10 years
• Lease Type: Modified Gross Lease
• Landlord: Steven Croman
• Tenant: Bao Theory
• Brokers: Jack Sash Basora, Joshua Azizian, Aryeh Vilinsky & Mark Golberg - Tahari Realty

The key individuals involved in this transaction include the landlord, Steven Croman, and the tenant, Bao Theory. The brokerage team representing the transaction is comprised of Jack Sash Basora, Joshua Azizian, Aryeh Vilinsky, and Mark Golberg from Tahari Realty. These professionals facilitated the lease agreement, ensuring all parties were aligned throughout the process.