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Panineria NYC Signs Lease For Retail Space At 322 East 81st Street In Yorkville, Manhattan

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LEASED
$120

New York

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Retail400 SF
Leased 11/29/2023
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LEASED

Panineria NYC Signs Lease For Retail Space At 322 East 81st Street In Yorkville, Manhattan

322 East 81st Street

See Similar Deals
Retail400 SF
Leased 11/29/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:400 SF
Transaction Type:Lease

A retail space located at 322 East 81st Street in Yorkville, Manhattan has been leased. The space, measuring approximately 400 square feet, was leased by Panineria NYC. The landlord, Oren Goldstein of Eberhart Brothers, was represented by James Famularo of Meridian Capital Group. Panineria NYC was represented by Vivian Grossman of SCG Retail. The asking rent for the space was $120 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 322 East 81st Street
  • Market: Yorkville, Manhattan
  • Landlord: Oren Goldstein - Eberhart Brothers
  • Tenant: Panineria NYC
  • Landlord's Rep: James Famularo - Meridian Capital Group
  • Tenant's Rep: Vivian Grossman - SCG Retail
  • Asking Rent: $120/ft
  • SF: 400

James Famularo from Meridian Capital Group and Vivian Grossman from SCG Retail were instrumental in facilitating the lease deal for the retail space at 322 East 81st Street. The parties involved were able to negotiate an asking rent of $120 per square foot for the 400 square foot space. This lease transaction was successfully completed, providing a new location for Panineria NYC in Yorkville, Manhattan.

Players

James Famularo
357 deals$11.4M volume(212) 468-5960
BROKER

Details

LEASED
IMAGE: James Famularo & Vivian Grossman DATE: 11/29/2023 ADDRESS: 322 East 81st Street MARKET: Yorkville, Manhattan ASSET TYPE: Retail LANDLORD: Oren Goldstein - Eberhart Brothers TENANT: Panineria NYC LANDLORD'S REP: James Famularo (@JamesFamularo) - Meridian Capital Group (@Meridian.Capital.Group) TENANT'S REP: Vivian Grossman (@Viviannnnnnna) - SCG Retail (@TSCG) ASKING RENT: $120/ft ~ SF: 400

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Deal Type
Effective Rent (Annual)

$55,026.62

Total Lease Value

$550,266.21

Net Landlord Cash Flow$55,026.62