Abe Sanieoff Leases Retail Space To Acro Coffee At 213 1st Avenue In East Village
LEASED
$180
New York
See Similar DealsRetail800 SF
Leased 12/20/2024
LEASED
Abe Sanieoff Leases Retail Space To Acro Coffee At 213 1st Avenue In East Village
213 1st Avenue
See Similar DealsRetail800 SF
Leased 12/20/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$180
Total Square Footage:800 SF
Transaction Type:Lease
The retail property located at 213 1st Avenue in the East Village encompasses a total of 800 square feet. The modified gross lease for this asset involves an asking rent of $180 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $180/ft
- Lease Type: Modified Gross Lease
- Landlord: Abe Sanieoff
- Tenant: Acro Coffee
- Landlord's Representative: Greg Goldberg - Meridian Capital Group
- Tenant's Representative: Drew Silvester - Colliers
The transaction showcases the involvement of key representatives in the deal, including Greg Goldberg from Meridian Capital Group, who represented the landlord, and Drew Silvester from Colliers, representing the tenant. Their roles were integral in facilitating the lease agreement between Abe Sanieoff and Acro Coffee.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$165,079.86
Total Lease Value
$1,650,798.62
Net Landlord Cash Flow$165,079.86
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