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Leo Sabet Leases Retail Space To Okiboru Bakery At 58 2nd Avenue In East Village

Property Image
LEASED
$299,450

New York

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Retail2,650 SF
Leased 08/19/2025
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Property Image
LEASED

Leo Sabet Leases Retail Space To Okiboru Bakery At 58 2nd Avenue In East Village

58 2nd Avenue

See Similar Deals
Retail2,650 SF
Leased 08/19/2025
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$299,450
Total Square Footage:2,650 SF
Transaction Type:Lease

The property asset involved in this lease transaction is a retail space located at 58 2nd Avenue within the East Village market of Manhattan. This retail property has a total square footage of 2,650, with an asking rent of $113 per square foot. The lease type for this transaction is a Modified Gross Lease.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $113/ft
  • Address: 58 2nd Avenue
  • Market: East Village, Manhattan
  • Landlord: Leo Sabet
  • Tenant: Okiboru Bakery
  • Landlord's Rep: Greg Goldberg - Meridian Capital Group
  • Tenant Rep: Jason Chiu - Edge Realty Advisors

This transaction highlights the roles played by key individuals and companies in the lease agreement. Greg Goldberg from Meridian Capital Group represents the landlord, while Jason Chiu from Edge Realty Advisors represents the tenant, Okiboru Bakery. Their involvement facilitates the leasing process between the parties.

Players

Greg Goldberg
72 deals$4.3M volume(646) 780-4904
BROKER

Edge Realty Advisors
BROKERAGE


Details

LEASED
IMAGE: Greg Goldberg DATE: 8/19/2025 ADDRESS: 58 2nd Avenue MARKET: East Village, Manhattan ASSET TYPE: Retail LANDLORD: Leo Sabet TENANT: Okiboru Bakery LANDLORD'S REP: Greg Goldberg (@GregGoldberg) - Meridian Capital Group (@Meridian_Retail_Leasing) (@Meridian.Capital.Group) TENANT REP: Jason Chiu - Edge Realty Advisors ASKING RENT: $113/ft ~ SF: 2,650 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$909,707,544.85

Total Lease Value

$9,097,075,448.52

Net Landlord Cash Flow$909,707,544.85