Modern Mystic Shop LLC Leases Retail Space At 248 Elizabeth Street In NoLita

Located at 248 Elizabeth Street in the NoLita neighborhood, this retail property was recently leased by Modern Mystic Shop LLC. The lease deal was facilitated by brokers Yoni Hadar, Zeke Chernoff, Garrett Kelly, and James Famularo from Meridian Retail Leasing. The property is owned by Witnick Real Estate Partners.

Summary of transaction details:

• Property Type: Retail
• Transaction Date: 08/19/2021
• Address: 248 Elizabeth Street
• Market: NoLita
• Tenant: Modern Mystic Shop LLC
• Landlord: Witnick Real Estate Partners
• Brokers: Yoni Hadar, Zeke Chernoff, Garrett Kelly, and James Famularo from Meridian Retail Leasing
• Asking Rent: $162/ft.
• Square Footage: 1,000

The deal took place with an asking rent of $162 per square foot for a space measuring 1,000 square feet. The involvement of multiple brokers, including Yoni Hadar, Zeke Chernoff, Garrett Kelly, and James Famularo from Meridian Retail Leasing, indicates the significance of this transaction in the retail market. The Modern Mystic Shop LLC will now operate from this location, adding to the diverse range of offerings in the NoLita neighborhood.