John Ciafone Leases Retail Space To Round Group Entertainment At 85 North 15th Street In Greenpoint
LEASED
$80
New York
See Similar DealsRetail4,500 SF
Leased 12/18/2025
LEASED
John Ciafone Leases Retail Space To Round Group Entertainment At 85 North 15th Street In Greenpoint
85 North 15th Street
See Similar DealsRetail4,500 SF
Leased 12/18/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$80
Total Square Footage:4,500 SF
Transaction Type:Lease
The retail asset located at 85 North 15th Street in the Greenpoint market encompasses a total square footage of 4,500. The asking rent for the property stands at $67 per square foot. This space supports retail leasing arrangements, enhancing its operational potential for businesses within the area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $67/ft
- Square Footage: 4,500
- Address: 85 North 15th Street
- Market: Greenpoint
- Landlord: John Ciafone
- Tenant: Round Group Entertainment
- Broker Representatives: Samia Farah & Jack Mordekai - KSR
- Lease Type: Retail Lease
In this transaction, John Ciafone acts as the landlord while Round Group Entertainment takes on the role of the tenant. The brokers involved in facilitating this deal are Samia Farah and Jack Mordekai, representing KSR.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$412,699.66
Total Lease Value
$4,126,996.55
Net Landlord Cash Flow$412,699.66
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