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Bite Food & Coffee Co Leases 1700 Square Feet At 60 E 12th St New York

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LEASED

New York

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Retail1,700 SF
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LEASED

Bite Food & Coffee Co Leases 1700 Square Feet At 60 E 12th St New York

60 E 12th St, New York, NY, 10003

See Similar Deals
Retail1,700 SF
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:1,700 SF
Transaction Type:Lease

A ground-floor lease has been executed for a space measuring 1,700 square feet located at 60 E 12th St, New York, NY, 10003. The market for this transaction is New York. The property is set to house the first location of Bite Food & Coffee Co. in New York City.

Summary of transaction details:

Mark Kapnick and Michael Watson from Lee & Associates represented Bite Food & Coffee Co. in this transaction. The lease spans 10 years, with the landlord, Heller Organization, being represented by Greg Goldberg from Meridian Capital Group. The new eatery is expected to open on April 1, providing a breakfast and lunch option near the campuses of New York University and The New School.

Players

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

Mark Kapnick
Lee & Associates
14 deals$52M volume
BROKER

The Heller Organization
BROKERAGE

Details

LEASED
IMAGE: 60 E 12th St, New York, NY, 10003 MARKET: New York TENANT'S REP: Mark Kapnick-Lee & Associates LANDLORD'S REP: Greg Goldberg-Meridian Capital Group TENANT: Bite Food & Coffee Co LANDLORD: Heller Organization SQUARE FEET: 1700

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Deal Type
Effective Rent (Annual)

$97,442.97

Total Lease Value

$974,429.74

Net Landlord Cash Flow$97,442.97