Davean Holdings Leases Retail Space To Kalsang Pottery In East Village Manhattan For $172/ft

The property asset is located at 241 East 10th Street in the East Village market of Manhattan. It features a retail space with a rental rate set at $172 per foot and a total square footage of 400. The lease term is established for 5 years under a modified gross lease structure, providing a clear understanding of the rental expectations and responsibilities

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $172/ft
• Square Footage: 400
• Address: 241 East 10th Street
• Market: East Village, Manhattan
• Landlord: Davean Holdings
• Tenant: Kalsang Pottery
• Brokers: Emre Bozkurt & Joseph Zalta - Platinum Properties
• Lease Term: 5 years
• Lease Type: Modified Gross Lease

This transaction involves key individuals such as Emre Bozkurt and Joseph Zalta from Platinum Properties, who represented the leasing deal. Their involvement reflects their role in facilitating the agreement between the landlord, Davean Holdings, and the tenant, Kalsang Pottery, contributing to the successful completion of this lease transaction.