Jazz Genius Leases Retail Space In Lower East Side For $180/ft

The retail property located at 151 Essex Street in Lower East Side has been leased for a Modified Gross Lease agreement. The property spans 3,430 square feet with an asking rent of $180 per square foot. The landlord, HUBB, secured the deal with Jazz Genius as the tenant.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not Applicable
• Address: 151 Essex Street
• Market: Lower East Side
• Landlord: HUBB
• Tenant: Jazz Genius
• Landlord's Rep: Andrew Stern, Ravi Idnani, Ariel Schuster & Ross Berkowitz - Newmark
• Tenant's Rep: Emre Bozkurt & Steven Evans - Platinum Properties
• Asking Rent: $180/ft
• SF: 3,430
• Lease Type: Modified Gross Lease

The deal was facilitated by Andrew Stern, Ravi Idnani, Ariel Schuster, and Ross Berkowitz of Newmark, representing the landlord, HUBB. On the other side, the tenant, Jazz Genius, was represented by Emre Bozkurt and Steven Evans of Platinum Properties.