facebook
Traded Co logo
Submit

Elias Tsinias Leases Retail Space At 979 2nd Avenue To The Nuts Factory For 10 Years

Property Image
LEASED
$162

New York

See Similar Deals
Retail1,400 SF
Leased 07/19/2025
the dealplayerscompscontact
Property Image
LEASED

Elias Tsinias Leases Retail Space At 979 2nd Avenue To The Nuts Factory For 10 Years

979 2nd Avenue

See Similar Deals
Retail1,400 SF
Leased 07/19/2025
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$162
Total Square Footage:1,400 SF
Transaction Type:Lease

The asset involved in this transaction is a retail space located at 979 2nd Avenue in Turtle Bay, Manhattan. The lease has an asking rent of $162 per square foot and covers a total area of 1,400 square feet. This is a Modified Gross Lease with a term of 10 years.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $162/ft
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Landlord: Elias Tsinias
  • Tenant: The Nuts Factory
  • Landlord's Representative: Herman Glaswand - Compass
  • Tenant's Representative: Richard Babeck - Tri State Commercial Realty

The deal was facilitated by representatives Herman Glaswand and Richard Babeck, who played significant roles for the landlord and tenant respectively. Richard Babeck's team continues to focus on tenant representation, indicating their ongoing commitment to finding suitable spaces for The Nuts Factory's future locations. Interested parties can reach out to Richard for potential locations.

Players

Richard Babeck
20 deals$3.5M volume(212) 433-3355
BROKER

Herman Glaswand
Compass
2 deals
BROKER

Tri State Commercial Realty
BROKERAGE

Compass
BROKERAGE

Details

LEASED
IMAGE: Richard Babeck & Herman Glaswand DATE: 7/19/2025 ADDRESS: 979 2nd Avenue MARKET: Turtle Bay, Manhattan ASSET TYPE: Retail LANDLORD: Elias Tsinias TENANT: The Nuts Factory LANDLORD'S REP: Herman Glaswand - Compass (@Compass) TENANT'S REP: Richard Babeck (@BabeckTheBroker) - Tri State Commercial Realty (@TriStateCommercial) ASKING RENT: $162/ft ~ SF: 1,400 LEASE TERM: 10 Years LEASE TYPE: Modified Gross Lease NOE FROM BROKER: Another successful lease for The Nuts Factory signed - we continue to provide exceptional tenant representation for our client. If you have any spaces in mind for the next Nuts Factory location, please email [email protected]

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$260,000.78

Total Lease Value

$2,600,007.83

Net Landlord Cash Flow$260,000.78