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

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LEASED
$172

New York

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Retail400 SF
Leased 06/06/2025
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LEASED

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

241 East 10th Street

See Similar Deals
Retail400 SF
Leased 06/06/2025
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$172
Total Square Footage:400 SF
Transaction Type:Lease

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.

Players

Joseph Zalta
22 deals(718) 419-1112
BROKER

Emre Bozkurt
Platinum Commercial
24 deals$2.8M volume
BROKER

Davean Holdings
LANDLORD

Details

LEASED
IMAGE: Emre Bozkurt & Joseph Zalta DATE: 6/6/2025 ADDRESS: 241 East 10th Street MARKET: East Village, Manhattan ASSET TYPE: Retail LANDLORD: Davean Holdings (@DaveanHoldings) TENANT: Kalsang Pottery BROKERS: Emre Bozkurt (@EmreBozkurt_NYCRealEstate) & Joseph Zalta - Platinum Properties (@PlatinumProperties_NYC) ASKING RENT: $172/ft ~ SF: 400 LEASE TERM: 5 years LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$78,871.49

Total Lease Value

$788,714.90

Net Landlord Cash Flow$78,871.49