Gorjian Real Estate Group Leases Retail Space To 9th Ave Cafe At 470 9th Avenue

The property involved in the transaction is a retail lease located at 470 9th Avenue in Manhattan. The asking rent for this space is $140 per square foot, covering an area of 700 square feet. The asset is under the ownership of Gorjian Real Estate Group and has been leased to 9th Ave Cafe.

Summary of transaction details:

• Property Type: Retail Lease
• Transaction Amount: $140/ft
• Address: 470 9th Avenue
• Market: Manhattan
• Landlord: Gorjian Real Estate Group
• Tenant: 9th Ave Cafe
• Brokers: Benjamin Namdar & Aaron Aziz - Avenue Realty Advisors
• Lease Type: Retail Lease
• Square Footage: 700

Benjamin Namdar and Aaron Aziz from Avenue Realty Advisors represented both Gorjian Real Estate Group, the landlord, and 9th Ave Cafe, the tenant, in this transaction. The deal was closed with remarkable speed and efficiency, just two weeks after the listing was taken on. Avenue Realty Advisors has an extensive tenant list featuring various unique tenants across different trades and styles.