Tokyo Sushi Leases Retail Space On Lower East Side From Centennial Properties For $110/ft

The retail property located at 151 Rivington Street in Lower East Side, was recently leased. The tenant, Tokyo Sushi, signed a lease agreement with Centennial Properties, represented by Steve Croman. The lease transaction was facilitated by brokers Ben Biberaj, Jack Buckmelter, and James Famularo from Meridian Retail Leasing. The property offers 750 square feet of space and was listed with an asking rent of $110 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Date: 02/18/2021
• Address: 151 Rivington Street
• Market: Lower East Side
• Tenant: Tokyo Sushi
• Landlord: Centennial Properties - Steve Croman
• Brokers: Ben Biberaj, Jack Buckmelter & James Famularo - Meridian Retail Leasing
• Asking Rent: $110/ft. ~ SF: 750

The lease transaction involved Tokyo Sushi as the new tenant, while Centennial Properties, with Steve Croman as the representative, acted as the landlord. Assisting in the deal were brokers Ben Biberaj, Jack Buckmelter, and James Famularo from Meridian Retail Leasing. The property, situated at 151 Rivington Street, offers 750 square feet of retail space in the Lower East Side market. The asking rent for the lease was $110 per square foot.