Davean Holdings Leases Retail Space To Italian Pasta At 165 1st Avenue In East Village
LEASED
$90
New York
See Similar DealsRetail2,200 SF
Leased 12/29/2024
LEASED
Davean Holdings Leases Retail Space To Italian Pasta At 165 1st Avenue In East Village
165 1st Avenue
See Similar DealsRetail2,200 SF
Leased 12/29/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$90
Total Square Footage:2,200 SF
Transaction Type:Lease
The retail asset located at 165 1st Avenue in the East Village market features a total area of 2,200 square feet. The asking rent for the property is recorded at $115 per square foot, and the lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $115/ft
- Address: 165 1st Avenue
- Market: East Village
- Landlord: Davean Holdings
- Tenant: Italian Pasta
- Brokers: Isaac Abed & Chandler Slate - Tri State Commercial Realty
This transaction involves the representation of the landlord and tenant by Isaac Abed and Chandler Slate from Tri State Commercial Realty, ensuring the lease agreement was effectively negotiated and finalized.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$226,984.81
Total Lease Value
$2,269,848.10
Net Landlord Cash Flow$226,984.81
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