Laverie Laundromat Leases Retail Space At 112 East 4th Street In East Village For $80/ft
LEASED
$80
New York
See Similar DealsRetail2,300 SF
Leased 09/05/2025
LEASED
Laverie Laundromat Leases Retail Space At 112 East 4th Street In East Village For $80/ft
112 East 4th Street
See Similar DealsRetail2,300 SF
Leased 09/05/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$80
Total Square Footage:2,300 SF
Transaction Type:Lease
This retail property, located at 112 East 4th Street in the East Village, Manhattan, spans 2,300 square feet and is leased under a Modified Gross Lease arrangement. The asking rent for the property is set at $80 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $80/ft
- Square Footage: 2,300
- Address: 112 East 4th Street
- Market: East Village, Manhattan
- Landlord: Steven Austern
- Tenant: Laverie Laundromat
- Landlord's Representative: James Famularo & Jacob Mayer - Meridian Capital Group
- Tenant's Representative: Nick Hanna - Meridian Capital Group
The deal involved key individuals including landlord Steven Austern and tenant Laverie Laundromat, with representation from Meridian Capital Group through James Famularo and Jacob Mayer for the landlord, and Nick Hanna for the tenant.
Players
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$210,935.38
Total Lease Value
$2,109,353.79
Net Landlord Cash Flow$210,935.38
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