facebook
Traded Co logo
Submit

Tri Coffee Corp. Leases Retail Space At 355 7th Ave. In Penn Plaza

Property Image
LEASED

New York

See Similar Deals
Retail1,100 SF
Leased 01/10/2022
the dealplayerscompscontact
Property Image
LEASED

Tri Coffee Corp. Leases Retail Space At 355 7th Ave. In Penn Plaza

355 7th Avenue, New York City, New York 10001, United States

See Similar Deals
Retail1,100 SF
Leased 01/10/2022
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:1,100 SF
Transaction Type:Lease

Tri Coffee Corp has signed a lease for a retail space located at 355 7th Ave in Penn Plaza, according to recent reports. The property, measuring approximately 1,100 square feet, was leased from landlord Ezra Aini of Aini Assets. The deal was facilitated by brokers David Green, Ike Bibi, and David Sabbagh of KSR. The lease agreement was finalized on January 10, 2022, with an asking rent of $220 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Date: January 10, 2022
  • Address: 355 7th Ave
  • Market: Penn Plaza
  • Landlord: Ezra Aini - Aini Assets
  • Tenant: Tri Coffee Corp.
  • Brokers: David Green, Ike Bibi, and David Sabbagh - KSR
  • Asking Rent: $220/ft
  • Square Footage: 1,100

This deal marks an important milestone for Tri Coffee Corp as they secure their presence in Penn Plaza. With the help of brokers David Green, Ike Bibi, and David Sabbagh from KSR, the lease agreement was successfully negotiated with landlord Ezra Aini of Aini Assets. Tri Coffee Corp will now be able to serve customers in their new retail space located at 355 7th Ave.

Players

David Sabbagh
59 deals(646) 784-7735
BROKER

Ike Bibi
Kassin Sabbagh Realty
124 deals$274.3M volume(347) 417-2860
BROKER

David Green
Kassin Sabbagh Realty
176 deals$447M volume(516) 320-0260
BROKER

LANDLORD

Details

LEASED
IMAGE: David Green, David Sabbagh & Ike Bibi DATE: 01/10/2022 ADDRESS: 355 7th Ave. MARKET: Penn Plaza ASSET TYPE: Retail LANDLORD: Ezra Aini - Aini Assets TENANT: Tri Coffee Corp. BROKERS: David Green (@DavidStGreen), Ike Bibi (@IkeB) & David Sabbagh (@DSabbagh1) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $220/ft. ~ SF: 1,100

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$63,051.34

Total Lease Value

$630,513.36

Net Landlord Cash Flow$63,051.34