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Korean Noodle Bar Leases Retail Space On 204 Elizabeth Street Nolita For $102 Per Ft

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LEASED
$96

New York

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Retail4,000 SF
Leased 12/25/2024
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Property Image
LEASED

Korean Noodle Bar Leases Retail Space On 204 Elizabeth Street Nolita For $102 Per Ft

204 Elizabeth Street

See Similar Deals
Retail4,000 SF
Leased 12/25/2024
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$96
Total Square Footage:4,000 SF
Transaction Type:Lease

The retail asset located at 204 Elizabeth Street in the Nolita market encompasses a total square footage of 4,000. This property has been leased to a Michelin Star Korean Noodle Bar under a Modified Gross Lease, with an asking rent of $102 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $102/ft
  • Square Footage: 4,000
  • Address: 204 Elizabeth Street
  • Market: Nolita
  • Tenant: Korean Noodle Bar - Michelin Star
  • Tenant's Representative: Noam Aziz - Meridian Capital Group

Players

Alexandra (Alex) Yanoff
4 deals(508) 340-0855
BROKER

Details

LEASED
IMAGE: Noam Aziz DATE: 12/25/2024 ADDRESS: 204 Elizabeth Street MARKET: Nolita ASSET TYPE: Retail TENANT: Korean Noodle Bar - Michelin Star TENANT'S REP: Noam Aziz (@NoamAziz) - Meridian Capital Group (@Meridian_Retail_Leasing) ASKING RENT: $102/ft ~ SF: 4,000 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$440,212.97

Total Lease Value

$4,402,129.66

Net Landlord Cash Flow$440,212.97