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Nata Signs Lease For Bakery Concept At 11 Waverly Place And 23 Clinton Street In Manhattan

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LEASED
$150
Tanner Zar
Adam Lavian
+ 1

New York

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Retail1,000 SF
Leased 09/15/2025
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LEASED

Nata Signs Lease For Bakery Concept At 11 Waverly Place And 23 Clinton Street In Manhattan

11 Waverly Place & 23 Clinton Street

See Similar Deals
Retail1,000 SF
Leased 09/15/2025
Tanner Zar
Adam Lavian
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:1,000 SF
Transaction Type:Lease

The properties involved in this lease transaction are located at 11 Waverly Place and 23 Clinton Street in Manhattan. The retail spaces encompass a total square footage of 1,000 SF, with an asking rent set at $150 per foot. The lease type is categorized as a Single Net Lease, highlighting the terms of the rental agreement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $150/ft
  • Square Footage: 1,000 SF
  • Address: 11 Waverly Place & 23 Clinton Street
  • Market: Manhattan
  • Sublandlord: Tammy Na
  • Tenant: Nata
  • Sublandlord's Representative: Eli Gold - RTL Real Estate
  • Tenant's Representatives: Tyler Zar, Adam Lavian & Tanner Zar - Titan Group New York
  • Lease Type: Single Net Lease

Nata, the tenant, is the first dedicated Pastel de Nata production house in Manhattan, introducing a modern grab-and-go concept focused on the authentic taste of Portugal’s iconic pastry. They are eager to revitalize the neighborhoods surrounding their new locations while planning for future expansion. The tenant's representatives from Titan Group New York are committed to enhancing commercial and residential leasing opportunities.

Players

Adam Lavian
58 deals(516) 662-6176
BROKER

Tyler Zar
Titan Group New York
53 deals
BROKER

Tanner Zar
Titan Group New York
52 deals
BROKER

Details

LEASED
IMAGE: Tyler Zar, Adam Lavian & Tanner Zar DATE: 9/15/2025 ADDRESS: 11 Waverly Place & 23 Clinton Street MARKET: Manhattan ASSET TYPE: Retail SUBLANDLORD: Tammy Na TENANT: Nata SUBLANDLORD'S REP: Eli Gold - RTL Real Estate (@RTL.RE) TENANT'S REP: Tyler Zar (@TylerZar), Adam Lavian (@AdamLavian) & Tanner Zar (@TannerZar) - Titan Group New York (@TitanGroupNY) ASKING RENT: $150/ft ~ SF: 1,000 LEASE TYPE: Single Net Lease NOTE FROM TENANT'S REP: NYC, meet your newest bakery obsession! This exciting new concept is entering the market through a Lazy Sundaes sublease, taking over two locations at 11 Waverly Pl and 23 Clinton St. Nata is the first dedicated Pastel de Nata production house in Manhattan — a modern grab-and-go concept bringing the authentic taste and artistry of Portugal’s iconic pastry to the fast-paced rhythm of urban life. They are excited to bring new life into the neighborhoods of these locations as well as expanding into more in the near future. Keep your eye out for them! Titan Group New York specializes in commercial & residential leasing. If you are an owner that needs to lease your vacant units, please reach out and we will guide you in the right direction. For more info, contact Titan Group directly: Tyler Zar [email protected] (516) 784-0478

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Deal Type
Effective Rent (Annual)

$171,958.19

Total Lease Value

$1,719,581.90

Net Landlord Cash Flow$171,958.19