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Meridian Capital Group Brokers Chrome Titan Downtown Lease In East Village, Manhattan

Property Image
LEASED
$170
James Famularo
Bobby Ortense
+ 2

New York

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Retail600 SF
Leased 10/24/2023
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Property Image
LEASED

Meridian Capital Group Brokers Chrome Titan Downtown Lease In East Village, Manhattan

130 East 7th Street

See Similar Deals
Retail600 SF
Leased 10/24/2023
James Famularo
Bobby Ortense
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$170
Total Square Footage:600 SF
Transaction Type:Lease

The retail property located at 130 East 7th Street in the East Village neighborhood of Manhattan has recently been leased. The property, measuring approximately 600 square feet, was leased by Chrome Titan Downtown. The deal was facilitated by James Famularo, Bobby Ortense, Ben Biberaj, and Gabi Weiss from the Meridian Capital Group. The asking rent for the lease was $170 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 130 East 7th Street
  • Market: East Village, Manhattan
  • Landlord: Paul Lyons - Helm Management
  • Tenant: Chrome Titan Downtown
  • Brokers: James Famularo, Bobby Ortense, Ben Biberaj, and Gabi Weiss - Meridian Capital Group
  • Asking Rent: $170 per square foot
  • Square Footage: 600

James Famularo, Bobby Ortense, Ben Biberaj, and Gabi Weiss from the Meridian Capital Group played a crucial role in facilitating the lease agreement for the retail property at 130 East 7th Street in the East Village. Their expertise in the market and negotiation skills were instrumental in closing the deal between Chrome Titan Downtown and the landlord, Paul Lyons of Helm Management. This lease agreement demonstrates the value and desirability of retail spaces in the East Village market.

Players

Ben Biberaj
187 deals$26.2M volume(703) 434-1461
BROKER

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

Bobby Ortense
Meridian Capital Group
71 deals
BROKER


Details

LEASED
IMAGE: Bobby Ortense, James Famularo, Ben Biberaj & Gabi Weiss DATE: 10/24/2023 ADDRESS: 130 East 7th Street MARKET: East Village, Manhattan ASSET TYPE: Retail LANDLORD: Paul Lyons - Helm Management TENANT: Chrome Titan Downtown BROKERS: James Famularo (@JamesFamularo), Bobby Ortense, Ben Biberaj (@BenBibz) & Gabi Weiss - Meridian Capital Group (@Meridian.Capital.Group) ASKING RENT: $170/ft ~ SF: 600

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Deal Type
Effective Rent (Annual)

$116,931.57

Total Lease Value

$1,169,315.69

Net Landlord Cash Flow$116,931.57