Bua Thai Ramen & Robata Grill Signs 10-Year Lease At 21 East 16th Street In Union Square

The property asset involved in this lease transaction is a retail space located at 21 East 16th Street in the Union Square market. The asset spans a total of 4,840 square feet and the asking rent is set at $250 per square foot. The lease terms involve a commitment of 10 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $250/ft.
• Address: 21 East 16th Street
• Market: Union Square
• Square Footage: 4,840
• Lease Terms: 10-year lease
• Landlord: David Ellis Real Estate
• Tenant: Bua Thai Ramen & Robata Grill
• Landlord's Representative: Brandon Singer & Max Kreinces - Retail By Mona
• Tenant's Representative: Frank Ko - E Realty International

Bua Thai Ramen & Robata Grill has expanded from its Upper East Side location by signing the lease for this retail space, which previously housed Danny Meyer's original Union Square Cafe.