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Corner Bistro Leases Retail Space At 94 Avenue A In East Village Manhattan For $100/ft

Property Image
LEASED
$100
Ravi Idnani
Andrew Stern
+ 2

New York

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Retail6,000 SF
Leased 08/01/2025
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Property Image
LEASED

Corner Bistro Leases Retail Space At 94 Avenue A In East Village Manhattan For $100/ft

94 Avenue A

See Similar Deals
Retail6,000 SF
Leased 08/01/2025
Ravi Idnani
Andrew Stern
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:6,000 SF
Transaction Type:Lease

The transaction involves a retail lease located at 94 Avenue A in the East Village, Manhattan. The asset encompasses a leased space of 6,000 square feet with an asking rent of $100 per square foot. The lease type is a modified gross lease.

Summary of transation details:

The deal features a notable representation from Newmark, which facilitated the transaction for Penn South Capital, while The Heller Organization represented the tenant, Corner Bistro, in this prominent retail deal. The lease reflects a collaborative effort among the involved parties to bring Corner Bistro to the East Village.

Players

Andrew Stern
76 deals$5.4M volume
BROKER

Ravi Idnani
Newmark
67 deals$3M volume(212) 916-2938
BROKER

Joshua Singer
The Heller Organization
13 deals
BROKER



Penn South Capital
LANDLORD

Details

LEASED
IMAGE: Andrew Stern, Ravi Idnani, Julia Singer, Joshua Singer & Nick Marshall DATE: 08/01/2025 ADDRESS: 94 Avenue A MARKET: East Village, Manhattan ASSET TYPE: Retail LANDLORD: Penn South Capital TENANT: Corner Bistro LANDLORD'S REP: Andrew Stern, Ravi Idnani & Julia Singer - Newmark (@Newmark) TENANT'S REP: Joshua Singer (@Josh_SingerNYC) & Nick Marshall (@TheNickMarshall) - The Heller Organization (@HellerOrg) ASKING RENT: $100/ft ~ SF: 6,000 LEASE TYPE: Modified Gross Lease NOTE FROM BROKER: Proud to be part of the team to bring the famous Corner Bistro to the East Village!

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Deal Type
Effective Rent (Annual)

$687,832.76

Total Lease Value

$6,878,327.59

Net Landlord Cash Flow$687,832.76