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

Property Image
LEASED
$150
Noam Aziz
Benjamin (Ben) Namdar
+ 1

New York

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Retail600 SF
Leased 01/15/2025
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Property Image
LEASED

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

176 Rivington Street

See Similar Deals
Retail600 SF
Leased 01/15/2025
Noam Aziz
Benjamin (Ben) Namdar
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:600 SF
Transaction Type:Lease

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:

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.

Players

Aaron Aziz
47 deals(516) 355-8018
BROKER



Details

LEASED
IMAGE: Carson Shahrabani, Noam Aziz, Aaron Aziz & Benjamin Namdar DATE: 01/15/2025 ADDRESS: 176 Rivington Street MARKET: Lower East Side ASSET TYPE: Retail LANDLORD: Steven Kashanian TENANT: BabySips Wine Bar LANDLORD'S REP: Aaron Aziz (@AarAziz) & Benjamin Namdar (@BenNamdar) - ARA (@ARANYC_) TENANT'S REP: Noam Aziz (@NoamAziz) & Carson Shahrabani (@Carson_Biz) - Meridian Capital Group (@Meridian_Retail_Leasing) ASKING RENT: $150/ft ~ SF: 600 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$103,174.91

Total Lease Value

$1,031,749.14

Net Landlord Cash Flow$103,174.91