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St Gerad Leases Retail Space At 38 Avenue B In New York City

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LEASED
$180

New York

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Retail400 SF
Leased 07/21/2023
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Property Image
LEASED

St Gerad Leases Retail Space At 38 Avenue B In New York City

38 Avenue B, New York, NY 10009

See Similar Deals
Retail400 SF
Leased 07/21/2023
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$180
Total Square Footage:400 SF
Transaction Type:Lease

The retail property located at 38 Avenue B in New York City has recently been leased. The property, managed by Centennial Properties, will be occupied by the tenant St Gerad. The leasing transaction was facilitated by brokers Ben Biberaj and Elliot Wygoda of Meridian Capital Group. The property has an asking rent of $180 per square foot, with a total area of 400 square feet.

Summary of transaction details

The deal involved the collaboration between Centennial Properties, the landlord, and St Gerad, the tenant. Acting as the brokers in this transaction were Ben Biberaj and Elliot Wygoda from Meridian Capital Group. This lease agreement showcases the active role that these individuals and companies play in the New York City retail market, facilitating business opportunities for both landlords and tenants.

Players

Ben Biberaj
187 deals$26.2M volume(703) 434-1461
BROKER

Elliot Wygoda
Meridian Capital Group
62 deals$5.3M volume
BROKER

Centennial Properties
LANDLORD

Details

LEASED
IMAGE: Ben Biberaj & Elliot Wygoda DATE: 07/21/2023 ADDRESS: 38 Avenue B MARKET: New York City ASSET TYPE: Retail LANDLORD: Centennial Properties TENANT: St Gerad BROKERS: Ben Biberaj & Elliot Wygoda - Meridian Capital Group ASKING RENT: $180/ft ~ SF: 400

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Deal Type
Effective Rent (Annual)

$82,539.93

Total Lease Value

$825,399.31

Net Landlord Cash Flow$82,539.93