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Joseph Jemal Of Icer Properties Leases Retail Space To Pio Bagel In Chelsea For $175/ft

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LEASED
$175
Noam Aziz
Benjamin (Ben) Namdar
+ 3

New York

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Retail1,100 SF
Leased 05/01/2026
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Property Image
LEASED

Joseph Jemal Of Icer Properties Leases Retail Space To Pio Bagel In Chelsea For $175/ft

225 10th Avenue

See Similar Deals
Retail1,100 SF
Leased 05/01/2026
Noam Aziz
Benjamin (Ben) Namdar
+ 3
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$175
Total Square Footage:1,100 SF
Transaction Type:Lease

The property asset involved in the transaction is located at 225 10th Avenue, in the Chelsea market of Manhattan. The asset type is retail, with a lease type designated as a Single Net Lease. The asking rent for the property is $175 per square foot, with a total square footage of 1,100 SF.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $175/ft
  • Address: 225 10th Avenue
  • Market: Chelsea, Manhattan
  • Landlord: Joseph Jemal - Icer Properties
  • Tenant: Pio Bagel
  • Landlord's Rep: David Green, Benjamin (Ben) Namdar & Ariel Ilian - KSR
  • Tenant's Rep: Carson Shahrabani & Noam Aziz - Meridian Capital Group
  • Lease Type: Single Net Lease
  • Square Footage: 1,100

Key individuals involved in the negotiation include Joseph Jemal, representing the landlord Icer Properties, and tenant Pio Bagel, represented by Carson Shahrabani and Noam Aziz from Meridian Capital Group. The landlord's interests were represented by David Green, Benjamin (Ben) Namdar, and Ariel Ilian, all from KSR.

Players

David Green
176 deals$447M volume(516) 320-0260
BROKER

Noam Aziz
Meridian Capital Group
221 deals$900K volume(212) 468-5984
BROKER




Joseph Jemal
ICER Properties
3 deals$62.8M volume
LANDLORD

Details

LEASED
IMAGE: David Green, Benjamin Namdar, Noam Aziz, Carson Shahrabani & Ariel Ilian DATE: 5/1/2026 ADDRESS: 225 10th Avenue MARKET: Chelsea, Manhattan ASSET TYPE: Retail LANDLORD: Joseph Jemal - Icer Properties TENANT: Pio Bagel LANDLORD'S REP: David Green (@DavidSTGreen), Benjamin (Ben) Namdar (@BenNamdar) & Ariel Ilian (@IlianRealty) - KSR (@Kassin_Sabbagh_Realty) TENANT'S REP: Carson Shahrabani (@Carson_Biz) & Noam Aziz (@NoamAziz) - Meridian Capital Group (@Meridian_Retail_Leasing) ASKING RENT: $175/ft ~ SF: 1,100 LEASE TYPE: Single Net Lease

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Deal Type
Effective Rent (Annual)

$220,679.68

Total Lease Value

$2,206,796.77

Net Landlord Cash Flow$220,679.68