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Jose Andres Leases Retail Space At 115 Mulberry Street In NoLiTa From Centennial Properties

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LEASED

New York

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Retail2,450 SF
Leased 07/29/2020
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Property Image
LEASED

Jose Andres Leases Retail Space At 115 Mulberry Street In NoLiTa From Centennial Properties

115 Mulberry Street, Manhattan, New York, NY, USA

See Similar Deals
Retail2,450 SF
Leased 07/29/2020
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:2,450 SF
Transaction Type:Lease

The retail property located at 115 Mulberry Street in NoLiTa has been leased. The transaction took place on July 29, 2021. The property, spanning 2,450 square feet, was leased by the tenant, Jose Andres. The landlord of the property is Centennial Properties, represented by Steven Croman. The deal was facilitated by brokers James Famularo and Clayton Traynham from Meridian Retail Leasing.

Summary of Transaction Details

  • Property Type: Retail
  • Lease Date: July 29, 2021
  • Address: 115 Mulberry Street
  • Market: NoLiTa
  • Tenant: Jose Andres
  • Landlord: Centennial Properties - Steven Croman
  • Brokers: James Famularo & Clayton Traynham from Meridian Retail Leasing
  • Asking Rent: $114/ft.

The lease transaction between Jose Andres and Centennial Properties demonstrates the active retail market in NoLiTa. James Famularo and Clayton Traynham from Meridian Retail Leasing played a crucial role as brokers in facilitating this deal.

Players

Clayton Traynham
9 deals
BROKER

James Famularo
Meridian Capital Group
357 deals$11.4M volume(212) 468-5960
BROKER

Steve Croman
Centennial Properties
40 deals$50.1M volume
LANDLORD

Details

LEASED
IMAGE: Clayton Traynham & James Famularo DATE: 07/29/2021 ADDRESS: 115 Mulberry Street MARKET: NoLiTa ASSET TYPE: Retail TENANT: Jose Andres LANDLORD: Centennial Properties - Steven Croman BROKERS: James Famularo & Clayton Traynham - @Meridian_Retail_Leasing ASKING RENT: $114/ft. ~ SF: 2,450

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Deal Type
Effective Rent (Annual)

$140,432.52

Total Lease Value

$1,404,325.22

Net Landlord Cash Flow$140,432.52