G Way Jo Leases 3600 SF Retail Space At 109 Ludlow Street With Tenant's Rep Lee & Associates
LEASED
$100
+ 1
New York
See Similar DealsRetail3,600 SF
Leased 08/01/2025
LEASED
G Way Jo Leases 3600 SF Retail Space At 109 Ludlow Street With Tenant's Rep Lee & Associates
109 Ludlow Street
See Similar DealsRetail3,600 SF
Leased 08/01/2025
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:3,600 SF
Transaction Type:Lease
The property asset involved in the transaction is a retail space located at 109 Ludlow Street in the Lower East Side. The lease has an asking rent of $100 per square foot for a total area of 3,600 square feet. This is categorized under a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $360,000
- Address: 109 Ludlow Street
- Market: Lower East Side
- Tenant: G Way Jo
- Landlord's Representative: Noam Aziz & Carson Shahrabani - Meridian Capital Group
- Tenant's Representative: Jordan Cohen & David Scher - Lee & Associates
The deal involved key representatives from Meridien Capital Group and Lee & Associates, with Noam Aziz and Carson Shahrabani representing the landlord. On the tenant's side, Jordan Cohen and David Scher facilitated the negotiations for G Way Jo.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$412,699.66
Total Lease Value
$4,126,996.55
Net Landlord Cash Flow$412,699.66
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