Unapologetic Foods Leases 3,600 Square Feet Retail Space At 107 1st Avenue For $22,500/month

The property asset involved in this transaction is a retail space located at 107 1st Avenue in the East Village, Manhattan. The asking rent for this 3,600-square-foot space is set at $22,500 per month, with the lease term negotiated for 10 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $22,500/month
• Lease Term: 10 years
• Address: 107 1st Avenue
• Market: East Village, Manhattan
• Landlord: Lawrence Movtady
• Tenant: Unapologetic Foods
• Landlord's Representative: Aaron Gavios - Gavios Realty Group
• Tenant's Representatives: Albert Halawani & Matthew Fogel - KSR

Unapologetic Foods, a tenant in this transaction, has secured a lease that includes a five-year renewal option, marking the expansion of their Indian dining concept, Adda, into the Manhattan area.