Parag Sawhney Leases Retail Space To NYC Thin Crust Pizza At 261 Bowery In Lower East Side

The asset involved in this lease transaction is a retail property located at 261 Bowery in the Lower East Side market. The property encompasses a space of 2,500 square feet with an asking rent of $120 per square foot. It operates under a Modified Gross Lease agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $300,000
• Landlord: Parag Sawhney
• Tenant: NYC Thin Crust Pizza
• Brokers: Noam Aziz, Carson Shahrabani & Garrett Kelly - Meridian Capital Group
• Lease Type: Modified Gross Lease

This transaction was facilitated by brokers Noam Aziz, Carson Shahrabani, and Garrett Kelly, representing the landlord and tenant in the deal. Their involvement denotes a collaborative effort within the Meridian Capital Group to secure this retail leasing agreement.