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Delancey Finest Deli Corp Leases Retail Space At 166 Delancey Street In Lower East Side, Manhattan With Landlord's Rep John Roesch & Kyle Knapp - Meridian Capital Group And Tenant's Rep Albert Halawani - Kassin Sabbagh Realty

Property Image
LEASED
$180
Albert Halawani
Kyle Knapp
+ 1

New York

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Retail1,000 SF
Leased 09/08/2023
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Property Image
LEASED

Delancey Finest Deli Corp Leases Retail Space At 166 Delancey Street In Lower East Side, Manhattan With Landlord's Rep John Roesch & Kyle Knapp - Meridian Capital Group And Tenant's Rep Albert Halawani - Kassin Sabbagh Realty

166 Delancey Street

See Similar Deals
Retail1,000 SF
Leased 09/08/2023
Albert Halawani
Kyle Knapp
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$180
Total Square Footage:1,000 SF
Transaction Type:Lease

A retail property located at 166 Delancey Street (Space A and B) in the Lower East Side of Manhattan has been leased. The property spans approximately 1,000 square feet and is owned by United American Land, represented by Jack Laboz. Delancey Finest Deli Corp is the tenant.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Asking Rent: $180 per square foot
  • Lease Type: Modified Gross Lease

Meridian Capital Group, represented by John Roesch and Kyle Knapp, served as the landlord's representatives in the deal. Kassin Sabbagh Realty, represented by Albert Halawani, acted as the tenant's representative.

Players

Albert Halawani
49 deals$445M volume(347) 204-6578
BROKER

John Roesch
Meridian Capital Group
97 deals
BROKER


Jack Laboz
United American Land
4 deals
LANDLORD

Details

LEASED
IMAGE: Kyle Knapp, John Roesch & Albert Halawani DATE: 09/08/2023 ADDRESS: 166 Delancey Street (Space A and B) MARKET: Lower East Side, Manhattan ASSET TYPE: Retail LANDLORD: United American Land - Jack Laboz TENANT: Delancey Finest Deli Corp LANDLORD'S REP: John Roesch (@_JohnRoesch_) & Kyle Knapp - Meridian Capital Group (@Meridian.Capital.Group) TENANT'S REP: Albert Halawani (@AlbertHalawani) - Kassin Sabbagh Realty (@Kassin_Sabbagh_Realty) ASKING RENT: $180/ft ~ SF: 1,000 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$206,349.83

Total Lease Value

$2,063,498.28

Net Landlord Cash Flow$206,349.83