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Barking Labs Corp. Leases Entire 2nd Floor Of Office Building On Lafayette Street In NoHo

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LEASED

New York

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Office8,000 SF
Leased 05/25/2020
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LEASED

Barking Labs Corp. Leases Entire 2nd Floor Of Office Building On Lafayette Street In NoHo

419 Lafayette Street, New York, NY 10003

See Similar Deals
Office8,000 SF
Leased 05/25/2020
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Summary

NEW YORK
Asset Type:Office
Total Square Footage:8,000 SF
Transaction Type:Lease

An office space located at 419 Lafayette Street, NoHo, has been leased by Barking Labs Corp. The entire 2nd floor, spanning 8,000 square feet, has been rented from landlord Albert Malekan. The lease transaction was facilitated by Jason Kroeger, representing Barking Labs Corp., and Greg Goldberg & James Famularo from Meridian Retail Leasing, representing the landlord. The asking rent for the space was $52.50 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Lease
  • Address: 419 Lafayette Street (Entire 2nd Floor)
  • Market: NoHo
  • Tenant: Barking Labs Corp.
  • Landlord: Albert Malekan
  • Tenant's Rep: Jason Kroeger
  • Landlord's Rep: Greg Goldberg & James Famularo - Meridian Retail Leasing
  • Asking Rent: $52.50/ft.
  • SF: 8,000

The deal involved Barking Labs Corp., represented by Jason Kroeger, securing a lease for an office space at 419 Lafayette Street. The landlord, Albert Malekan, was represented by Greg Goldberg and James Famularo of Meridian Retail Leasing. The lease agreement was negotiated at an asking rent of $52.50 per square foot for the 8,000 square feet space.

Players

Greg Goldberg
72 deals$4.3M volume(646) 780-4904
BROKER

James Famularo
Meridian Capital Group
360 deals$11.4M volume(212) 468-5960
BROKER

Cushman & Wakefield
BROKERAGE

Details

LEASED
IMAGE: Greg Goldberg & James Famularo DATE: 05/25/2021 ADDRESS: 419 Lafayette Street (Entire 2nd Floor) MARKET: NoHo ASSET TYPE: Office TENANT: Barking Labs Corp. LANDLORD: Albert Malekan TENANT'S REP: Jason Kroeger LANDLORD'S REP: Greg Goldberg & James Famularo - Meridian Retail Leasing ASKING RENT: $52.50/ft. ~ SF: 8,000

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Deal Type
Effective Rent (Annual)

$458,555.17

Total Lease Value

$4,585,551.72

Net Landlord Cash Flow$458,555.17