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Meridian Capital Represents Jhakaas In Retail Lease At 202 Avenue A

Property Image
LEASED
$150

New York

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Retail3,000 SF
Leased 06/15/2024
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Property Image
LEASED

Meridian Capital Represents Jhakaas In Retail Lease At 202 Avenue A

202 Avenue a

See Similar Deals
Retail3,000 SF
Leased 06/15/2024
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:3,000 SF
Transaction Type:Lease

The retail property located at 202 Avenue A in East Village, Manhattan, was leased for an asking rent of $150 per square foot totaling 3,000 square feet. The landlord, Highpoint Property Group, secured Jhakaas - an Indian restaurant, as the tenant for this retail lease transaction.

Summary of transaction details:

The deal was facilitated by Michael Segerman from Current Real Estate Advisors representing the landlord, Highpoint Property Group. On the other side, Noam Aziz and Samuel Mukamal from Meridian Capital Group served as the tenant's representatives, ensuring a successful lease agreement for the Indian restaurant, Jhakaas.

Players

Michael Segerman
27 deals$8.6M volume(516) 297-3337
BROKER


Details

LEASED
IMAGE: Samuel Mukamal, Noam Aziz & Michael Segerman DATE: 06/15/2024 ADDRESS: 202 Avenue A MARKET: East Village, Manhattan ASSET TYPE: Retail LANDLORD: Highpoint Property Group (@HighpointPropertyGroup) TENANT: Jhakaas - Indian Restaurant LANDLORD'S REP: Michael Segerman (@Segercruz) - Current Real Estate Advisors (@CurrentRealEstate) TENANT'S REP: Noam Aziz (@NoamAziz) & Samuel Mukamal (@Samuel__Mukamal) - Meridian Capital Group (@Meridian_Retail_Leasing) ASKING RENT: $150/ft ~ SF: 3,000 LEASE TYPE: Retail Lease

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Deal Type
Effective Rent (Annual)

$515,874.57

Total Lease Value

$5,158,745.69

Net Landlord Cash Flow$515,874.57