Gravity East Village Leases Retail Space At 325 East 10th Street For $90/ft With Landlord Penn South Capital

The asset involved in this transaction is a retail property located at 325 East 10th Street in the East Village market. The leasing was executed under a Single Net Lease at an asking rent of $90 per square foot, encompassing a total area of 400 square feet.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $90/ft
• Square Footage: 400
• Address: 325 East 10th Street
• Market: East Village
• Landlord: Penn South Capital
• Tenant: Gravity East Village
• Brokers: Elliot Wygoda, Noam Aziz, Max Freudenberger, & Bradley Benilevi - Meridian Capital Group

The deal includes broker representation from Elliot Wygoda, Noam Aziz, Max Freudenberger, and Bradley Benilevi, all associated with Meridian Capital Group, demonstrating a collaborative effort in finalizing this lease transaction.