Baked By Luigi Signs Lease For Retail Space At 221 East 23rd Street In Gramercy
LEASED
New York
See Similar DealsRetail1,000 SF
Leased 02/21/2022
LEASED
Baked By Luigi Signs Lease For Retail Space At 221 East 23rd Street In Gramercy
221 East 23rd street, Gramercy
See Similar DealsRetail1,000 SF
Leased 02/21/2022
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:1,000 SF
Transaction Type:Lease
The retail space located at 221 East 23rd Street in Gramercy has recently been leased by Baked By Luigi. The property, with a size of approximately 1,000 square feet, was leased for an asking rent of $140 per square foot. The lease was finalized on February 21, 2022, making it a recent transaction in the market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 221 East 23rd Street
- Market: Gramercy
- Asking Rent: $140/ft.
- Square Footage: 1,000
The landlord of the retail space is Steven Croman, while the lease was facilitated by Ben Biberaj and Ryan Fridolfs from Meridian Retail Leasing. They represented Baked By Luigi in the deal. It is noteworthy to mention that no additional brokers were involved in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$57,319.40
Total Lease Value
$573,193.97
Net Landlord Cash Flow$57,319.40
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