Kove Signs Modified Gross Lease At 268 East 7th Street With Landlord Drew Popkin
LEASED
$40
+ 1
New York
See Similar DealsRetail1,309 SF
Leased 08/05/2025
LEASED
Kove Signs Modified Gross Lease At 268 East 7th Street With Landlord Drew Popkin
268 East 7th Street
See Similar DealsRetail1,309 SF
Leased 08/05/2025
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$40
Total Square Footage:1,309 SF
Transaction Type:Lease
The retail property located at 268 East 7th Street in the East Village, Manhattan, has a lease type categorized as Modified Gross Lease. The property spans a total square footage of 1,309 and has an asking rent of $40 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $40/ft
- Address: 268 East 7th Street
- Market: East Village, Manhattan
- Landlord: Drew Popkin - Highpoint Property Group
- Tenant: Kove
- Landlord's Rep: James Famularo, Cole Kleppinger & Bobby Ortense - Meridian Capital Group
- Tenant's Rep: CBRE
The transaction involved key representatives from Meridian Capital Group, with James Famularo, Cole Kleppinger, and Bobby Ortense representing the landlord, Drew Popkin. The tenant, Kove, was represented by CBRE in this leasing transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$60,535.08
Total Lease Value
$605,350.83
Net Landlord Cash Flow$60,535.08
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