Joseph Giamio Leases Retail Space To Beer Authority At 639 10th Avenue For $150/ft

The property asset involved in the transaction is a retail space located at 639 10th Avenue in the Hell's Kitchen market. It features 2,000 square feet of space and operates under a modified gross lease with a term of 10 years. The asking rent for this lease is set at $150 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $150/ft
• Lease Term: 10 years
• Lease Type: Modified Gross Lease
• Landlord: Joseph Giamio
• Tenant: Beer Authority
• Landlord's Representatives: Ben Biberaj - IPRG Retail Leasing, Desi Avidane - Investment Property Realty Group
• Tenant's Representatives: Nathan Shabot, Marc Sitt, Dorel Melloul - KSR

The deal showcases the involvement of multiple parties, including landlord Joseph Giamio and tenant Beer Authority, with the representation of the landlord handled by Ben Biberaj and Desi Avidane from IPRG Retail Leasing and Investment Property Realty Group, respectively. The tenant's interests were represented by Nathan Shabot, Marc Sitt, and Dorel Melloul from KSR.