Kidilum Signs Modified Gross Lease At 31 West 21st Street In Flatiron

The retail property located at 31 West 21st Street in Flatiron was leased to Kidilum. The deal was facilitated under a Modified Gross Lease agreement with an asking rent of $125 per square foot for a total space of 4,500 square feet.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 31 West 21st Street
• Market: Flatiron
• Landlord: We Burn Food - Doug Stern
• Tenant: Kidilum
• Landlord's Rep: James Famularo - Meridian Capital Group
• Tenant's Rep: Emilian Derguti - Capstone Properties
• Asking Rent: $125/ft
• Lease Type: Modified Gross Lease

James Famularo from Meridian Capital Group represented the landlord, We Burn Food - Doug Stern, in the leasing transaction. On the other side, Emilian Derguti of Capstone Properties acted as the tenant's representative, securing a favorable deal for Kidilum in the retail space located at the heart of Flatiron.