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Joshua Sarraf & Aaron Aziz Lease Retail Space In Soho Manhattan For Market On Prince

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LEASED
$170

New York

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Retail2,500 SF
Leased 02/28/2024
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Property Image
LEASED

Joshua Sarraf & Aaron Aziz Lease Retail Space In Soho Manhattan For Market On Prince

202 6th Avenue

See Similar Deals
Retail2,500 SF
Leased 02/28/2024
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$170
Total Square Footage:2,500 SF
Transaction Type:Lease

The retail property located at 202 6th Avenue in Soho, Manhattan was leased for an asking rent of $170 per square foot, totaling 2,500 square feet. The landlord, Gatsby Enterprises, entered into a lease agreement with the tenant, Market On Prince. The lease was facilitated by brokers Joshua Sarraf and Aaron Aziz of Avenue Realty Advisors, who represented both the owner and the tenant in this retail lease transaction.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 202 6th Avenue
  • Market: Soho, Manhattan
  • Landlord: Gatsby Enterprises
  • Tenant: Market On Prince
  • Brokers: Joshua Sarraf & Aaron Aziz - Avenue Realty Advisors
  • Asking Rent: $170 per square foot
  • Square Footage: 2,500
  • Lease Type: Retail Lease

In this particular lease deal, Avenue Realty Advisors dually represented both the owner, Gatsby Enterprises, and the tenant, Market On Prince. Market On Prince is part of Avenue Realty Advisors' diverse tenant list, which includes a variety of unique tenants across different trades and styles. For owners seeking to lease their commercial spaces or tenants interested in opening new establishments, Avenue Realty Advisors offers specialized leasing services tailored to individual needs.

Players

Aaron Aziz
47 deals(516) 355-8018
BROKER

Details

LEASED
IMAGE: Aaron Aziz & Joshua Sarraf DATE: 02/28/2024 ADDRESS: 202 6th Avenue MARKET: Soho, Manhattan ASSET TYPE: Retail LANDLORD: Gatsby Enterprises TENANT: Market On Prince BROKERS: Joshua Sarraf (@JoshSarraf) & Aaron Aziz (@AarAziz) - Avenue Realty Advisors (@ARANYC_) ASKING RENT: $170/ft ~ SF: 2,500 LEASE TYPE: Retail Lease NOTE FROM BROKER: In this particular lease, ARA dually represented both the owner & the tenant. This tenant is part of ARA’s expansive tenant list which consists of unique tenants of all different trades & styles. If you are an owner looking to lease your vacant commercial space or a tenant looking to open a new or additional commercial space, please reach out and one of our leasing specialists will advise you accordingly. Website: www.aranyc.com (http://www.aranyc.com/) Instagram: @aranyc_ Interested in joining the ARA Team? Reach Out Today! https://www.aranyc.com/contact (https://www.aranyc.com/contact)

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Deal Type
Effective Rent (Annual)

$487,214.87

Total Lease Value

$4,872,148.71

Net Landlord Cash Flow$487,214.87