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
LEASED
New York
See Similar DealsRetail1,000 SF
Leased 09/08/2023
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 DealsRetail1,000 SF
Leased 09/08/2023
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.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$206,349.83
Total Lease Value
$2,063,498.28
Net Landlord Cash Flow$206,349.83
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