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Lazy Llama Signs Lease For Retail Space At 122 Ludlow Street In Lower East Side

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LEASED
$300
Greg Goldberg
Abie Kassin
+ 1

New York

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Retail500 SF
Leased 11/03/2023
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Property Image
LEASED

Lazy Llama Signs Lease For Retail Space At 122 Ludlow Street In Lower East Side

122 Ludlow Street

See Similar Deals
Retail500 SF
Leased 11/03/2023
Greg Goldberg
Abie Kassin
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$300
Total Square Footage:500 SF
Transaction Type:Lease

The retail property located at 122 Ludlow Street in the Lower East Side has been leased. The tenant, Lazy Llama, has agreed to lease the space from the landlord, Abe Sanieoff. The lease transaction was facilitated by Greg Goldberg and Abie Kassin of Meridian Capital Group, representing the landlord, and Aaron Brandes of Real New York, representing the tenant. The leasing deal was closed on November 3, 2023.

Summary of transaction details:

  • Property Type: Retail
  • Lease Date: November 3, 2023
  • Address: 122 Ludlow Street
  • Market: Lower East Side
  • Tenant: Lazy Llama
  • Landlord: Abe Sanieoff
  • Landlord's Representative: Greg Goldberg & Abie Kassin - Meridian Capital Group
  • Tenant's Representative: Aaron Brandes - Real New York
  • Asking Rent: $300/ft
  • Square Footage: 500 SF

The leasing transaction between Lazy Llama and Abe Sanieoff was successfully executed with the assistance of Greg Goldberg, Abie Kassin, and Aaron Brandes. The representation and negotiations by the landlord's representatives, Greg Goldberg and Abie Kassin of Meridian Capital Group, and the tenant's representative, Aaron Brandes of Real New York, played a crucial role in finalizing the lease. This agreement marks a significant development in the retail real estate market in the Lower East Side.

Players

Abie Kassin
52 deals$1.6B volume(212) 468-5909
BROKER

Greg Goldberg
Meridian Capital Group
72 deals$4.3M volume(646) 780-4904
BROKER

Aaron Brandes
Real New York
2 deals
BROKER

Details

LEASED
IMAGE: Greg Goldberg DATE: 11/03/2023 ADDRESS: 122 Ludlow Street MARKET: Lower East Side ASSET TYPE: Retail LANDLORD: Abe Sanieoff TENANT: Lazy Llama LANDLORD'S REP: Greg Goldberg (@GregGoldberg) & Abie Kassin - Meridian Capital Group (@Meridian.Capital.Group) TENANT'S REP: Aaron Brandes - Real New York ASKING RENT: $300/ft ~ SF: 500

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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