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High Grade Smoke & Vape Leases Retail Space At 59 First Ave. In East Village

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LEASED
$168

New York

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Retail500 SF
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LEASED

High Grade Smoke & Vape Leases Retail Space At 59 First Ave. In East Village

59 1st Avenue

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Retail500 SF
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$168
Total Square Footage:500 SF
Transaction Type:Lease

High Grade Smoke & Vape, a retail tenant, has leased a 500 square foot space located at 59 First Ave. in the East Village neighborhood of New York. The lease transaction was facilitated by Chris Medeiros of Meridian Retail Leasing, representing the tenant, and Greg Goldberg, also from Meridian Retail Leasing, representing the landlord, Novum Properties Inc.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Address: 59 First Ave.
  • Market: East Village

Chris Medeiros of Meridian Retail Leasing served as the representative for High Grade Smoke & Vape, assisting them in securing the lease agreement. On the other side, Greg Goldberg of Meridian Retail Leasing represented the landlord, Novum Properties Inc. The asking rent for the 500 square foot space was $168 per square foot.

Players

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

Chris Medeiros
Meridian Capital Group
3 deals
BROKER

Details

LEASED
IMAGE: Greg Goldberg & Chris Medeiros DATE: 09/02/2022 ADDRESS: 59 First Ave. MARKET: East Village ASSET TYPE: Retail LANDLORD: Novum Properties In - Russell Cooper TENANT: High Grade Smoke & Vape TENANT'S REP: Chris Medeiros - Meridian Retail Leasing LANDLORD'S REP: Greg Goldberg (@GregGoldberg) - Meridian Retail Leasing ASKING RENT: $168/ft. ~ SF: 500

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Deal Type
Effective Rent (Annual)

$96,296.59

Total Lease Value

$962,965.86

Net Landlord Cash Flow$96,296.59