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Pat Romanello Leases Retail Space To Moka & Co. At 246 Franklin Street In Greenpoint

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LEASED
$60

New York

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Retail4,500 SF
Leased 03/01/2025
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Property Image
LEASED

Pat Romanello Leases Retail Space To Moka & Co. At 246 Franklin Street In Greenpoint

246 Franklin Street

See Similar Deals
Retail4,500 SF
Leased 03/01/2025
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$60
Total Square Footage:4,500 SF
Transaction Type:Lease

The property involved in the transaction is a retail space located at 246 Franklin Street in the Greenpoint market. The asset has a total square footage of 4,500 and was leased at an asking rent of $60 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $60/ft
  • Square Footage: 4,500
  • Address: 246 Franklin Street
  • Market: Greenpoint
  • Landlord: Pat Romanello
  • Tenant: Moka & Co.
  • Brokers: Dan Shapiro, Dorel Melloul & Albert Halawani - KSR
  • Lease Type: Retail Lease

Key individuals involved in this lease transaction include the landlord Pat Romanello and the tenant Moka & Co. The brokerage representation for this deal was provided by Dan Shapiro, Dorel Melloul, and Albert Halawani from KSR.

Players

Albert Halawani
49 deals$445M volume(347) 204-6578
BROKER

Dan Shapiro
Kassin Sabbagh Realty
11 deals$105.1M volume
BROKER

Dorel Melloul
Kassin Sabbagh Realty
32 deals$4.8M volume
BROKER

Details

LEASED
IMAGE: Dan Shapiro, Dorel Melloul & Albert Halawani DATE: 03/01/2025 ADDRESS: 246 Franklin Street MARKET: Greenpoint ASSET TYPE: Retail LANDLORD: Pat Romanello TENANT: Moka & Co. BROKERS: Dan Shapiro (@DealJunkie__), Dorel Melloul (@JewAndTheCity) & Albert Halawani (@AlbertHalawani) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $60/ft ~ SF: 4,500 LEASE TYPE: Retail Lease

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Deal Type
Effective Rent (Annual)

$309,524.74

Total Lease Value

$3,095,247.41

Net Landlord Cash Flow$309,524.74