Scott Lerman & Jake Lerman Of Rialto Management Corp Lease Retail Space To Books N' Cup Cafe At 160 7th Avenue

The property involved in this transaction is a retail space located at 160 7th Avenue in Chelsea. The total square footage of the asset is 2,500 square feet and the asking rent was set at $176 per foot.

Summary of transaction details:

• Property Type: Retail Lease
• Transaction Amount: $176/ft
• Address: 160 7th Avenue
• Market: Chelsea
• Landlord: Scott Lerman & Jake Lerman - Rialto Management Corp.
• Tenant: Books N' Cup Cafe
• Brokers: Hunter Lazan, Jack Khaski, Jacky Yedid & Albert Manopla - KSR
• Lease Type: Retail Lease
• Square Footage: 2,500

The deal was facilitated by brokers Hunter Lazan, Jack Khaski, Jacky Yedid, and Albert Manopla, who represented the involved parties in the leasing transaction. The landlords of the property, Scott Lerman and Jake Lerman, are associated with Rialto Management Corp., while the tenant is Books N' Cup Cafe.