BabySips Wine Bar Leases Retail Space At 176 Rivington Street In Lower East Side

The leased property is located at 176 Rivington Street in the Lower East Side. It is a retail asset with a size of 600 square feet, listed at an asking rent of $150 per foot. The lease is structured as a Modified Gross Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $150/ft
• Address: 176 Rivington Street
• Market: Lower East Side
• Square Footage: 600
• Landlord: Steven Kashanian
• Tenant: BabySips Wine Bar
• Landlord's Representative: Aaron Aziz & Benjamin Namdar - ARA
• Tenant's Representative: Noam Aziz & Carson Shahrabani - Meridian Capital Group
• Lease Type: Modified Gross Lease

This transaction involves Steven Kashanian as the landlord and BabySips Wine Bar as the tenant. The representatives from ARA assisting the landlord are Aaron Aziz and Benjamin Namdar, while Noam Aziz and Carson Shahrabani from Meridian Capital Group represent the tenant in this leasing agreement.