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Zutto Ramen II Leases Retail Space In Little Italy From Dalan Management

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LEASED
James Bullaro
Aaron Aziz
+ 1

New York

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Retail1,420 SF
Leased 08/20/2021
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LEASED

Zutto Ramen II Leases Retail Space In Little Italy From Dalan Management

384 Broome Street, New York, NY, USA

See Similar Deals
Retail1,420 SF
Leased 08/20/2021
James Bullaro
Aaron Aziz
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:1,420 SF
Transaction Type:Lease

A commercial lease transaction has taken place at 384 Broome Street in Little Italy, New York City. The retail space, measuring 1,420 square feet, has been leased to Zutto Ramen II, a prominent Japanese restaurant. The lease was facilitated by Avenue Realty Advisors (ARA), a commercial leasing firm specializing in dual representation of both landlords and tenants in the 5 Boroughs. The landlord, Dalan Management, was represented by Jeff Angel & Cara Santamaria from RES Commercial Corp.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Asking Rent: $127/ft.
  • Square Footage: 1,420
  • Address: 384 Broome Street, Little Italy
  • Market: Little Italy

Zutto Ramen II, represented by ARA, has opened its second location in Manhattan with this lease. The tenant's representatives, Aaron Aziz and James Bullaro from ARA, played a key role in finalizing the transaction. Special thanks were extended to Jeff Angel and Cara Santamaria, who represented the landlord, for their professional and efficient assistance. For those seeking commercial leasing opportunities or looking to lease vacant spaces, they can reach out to the leasing specialists from ARA.

Players

Aaron Aziz
47 deals(516) 355-8018
BROKER

James Bullaro
ARA
10 deals
BROKER


Cara Santamaria
1 deal
BROKER

Dalan Management
LANDLORD

Details

LEASED
IMAGE: Cara Santamaria & Aaron Aziz DATE: 08/20/2021 ADDRESS: 384 Broome Street MARKET: Little Italy 🇮🇹 ASSET TYPE: Retail TENANT: Zutto Ramen II 🍜 LANDLORD: Dalan Management TENANT'S REP: Aaron Aziz (@AarAziz) & James Bullaro - Avenue Realty Advisors (@ARANYC_) LANDLORD'S REP: Jeff Angel & Cara Santamaria - RES Commercial Corp. (@RESNewYork) ASKING RENT: $127/ft. ~ SF: 1,420 NOTE FROM @ARANYC_: Avenue Realty Advisors, better known as ARA, is a commercial leasing firm that specializes in the dual representation of both the landlord & tenant with a focus in the 5 Boroughs. In this particular commercial lease, the tenant, Zutto Ramen represented by ARA, opened their second Manhattan location & is one of the more prominent Japanese spots in NYC. Special thanks to Jeffrey Angel & Cara Santamaria who represented the Landlord in this transaction & helped make this lease happen in a professional & efficient manner. If you are an owner looking to lease your vacant commercial space or a tenant looking to open a new or additional commercial space, please reach out & one of our leasing specialists will advise you accordingly. Website: http://www.aranyc.com Instagram 📸 @aranyc_ 👤Aaron Aziz, Principal Broker 📱 516.355.8018 📧 [email protected] 👤James Bullaro, Managing Director 📱 917.270.8360 📧 [email protected] Interested in joining the ARA Team? Reach Out Today! 🌐https://www.aranyc.com/contact

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Deal Type
Effective Rent (Annual)

$81,393.54

Total Lease Value

$813,935.43

Net Landlord Cash Flow$81,393.54