Lazy Llama Signs Retail Lease At 194 1st Avenue With Landlord Lionel Nazarian
LEASED
$174
New York
See Similar DealsRetail850 SF
Leased 04/01/2024
LEASED
Lazy Llama Signs Retail Lease At 194 1st Avenue With Landlord Lionel Nazarian
194 1st Avenue
See Similar DealsRetail850 SF
Leased 04/01/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$174
Total Square Footage:850 SF
Transaction Type:Lease
Located in the East Village of Manhattan, the retail property at 194 1st Avenue has been leased to Lazy Llama. The asset spans 850 square feet with an asking rent of $174 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 194 1st Avenue
- Market: East Village, Manhattan
- Landlord: Lionel Nazarian
- Tenant: Lazy Llama
- Landlord's Rep: Greg Goldberg - Meridian Capital Group
- Tenant's Rep: Malik Wells - KSR
- Asking Rent: $174/ft
- Lease Type: Retail Lease
Greg Goldberg from Meridian Capital Group represented the landlord, Lionel Nazarian, in the leasing transaction, while Malik Wells from KSR acted as the tenant's representative, finalizing the deal on behalf of Lazy Llama.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$169,550.78
Total Lease Value
$1,695,507.75
Net Landlord Cash Flow$169,550.78
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