Gabriel Development Leases Retail Space To Delah Coffee At 106 Avenue B In East Village
LEASED
$112
New York
See Similar DealsRetail800 SF
Leased 08/02/2025
LEASED
Gabriel Development Leases Retail Space To Delah Coffee At 106 Avenue B In East Village
106 Avenue B
See Similar DealsRetail800 SF
Leased 08/02/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$112
Total Square Footage:800 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 106 Avenue B - South Store, situated in the East Village of Manhattan. The leased space measures 800 square feet and has an asking rent of $112 per square foot, structured under a modified gross lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $112/ft
- Square Footage: 800 SF
- Address: 106 Avenue B - South Store
- Market: East Village, Manhattan
- Landlord: Gabriel Development
- Tenant: Delah Coffee
- Landlord's Rep: James Famularo & Jacob Mayer - Meridian Capital Group
James Famularo and Jacob Mayer, representatives from Meridian Capital Group, played a key role in representing Gabriel Development as the landlord in this leasing transaction. The tenant, Delah Coffee, has entered into this lease agreement as part of their business expansion strategy within the retail market.
Players
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$103,174.91
Total Lease Value
$1,031,749.14
Net Landlord Cash Flow$103,174.91
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