Pat Romanello Leases Retail Space To Moka & Co. At 246 Franklin Street In Greenpoint
LEASED
New York
See Similar DealsRetail4,500 SF
Leased 03/01/2025
LEASED
Pat Romanello Leases Retail Space To Moka & Co. At 246 Franklin Street In Greenpoint
246 Franklin Street
See Similar DealsRetail4,500 SF
Leased 03/01/2025
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.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$309,524.74
Total Lease Value
$3,095,247.41
Net Landlord Cash Flow$309,524.74
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