Luckin Coffee Signs Retail Lease At 770 3rd Avenue With Landlord John Calcaterra
LEASED
New York
See Similar DealsRetail1,300 SF
Leased 11/19/2025
LEASED
Luckin Coffee Signs Retail Lease At 770 3rd Avenue With Landlord John Calcaterra
770 3rd Avenue
See Similar DealsRetail1,300 SF
Leased 11/19/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$145
Total Square Footage:1,300 SF
Transaction Type:Lease
The retail property located at 770 3rd Avenue in the Midtown East market consists of 1,300 square feet and has an asking rent of $145 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $145/ft
- Address: 770 3rd Avenue
- Market: Midtown East
- Landlord: John Calcaterra
- Tenant: Luckin Coffee
- Lease Type: Retail Lease
- Landlord's Representative: David Yablon & Daniel DePasquale - Katz & Associates Real Estate Advisors
- Tenant's Representative: David Green & Albert Halawani - KSR
The lease transaction involved key representatives for both parties, with David Yablon and Daniel DePasquale representing the landlord, John Calcaterra, while David Green and Albert Halawani represented the tenant, Luckin Coffee.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$216,094.13
Total Lease Value
$2,160,941.25
Net Landlord Cash Flow$216,094.13
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