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Lambda Lounge BK Leases Retail Space At 1031 Grand St. In East Williamsburg

1031 Grand Street
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This Retail property located in NY was leased over 2 years ago. The brokers of the deal were Jamie Addeo, David Quigua, Nathaniel (Nate) Mallon, and Joseph DiPiazza

The retail property located at 1031 Grand St. in East Williamsburg has recently been leased. The asset spans approximately 5,300 square feet and was leased to Lambda Lounge BK.

Summary of transaction details:

The lease transaction was facilitated by Jamie Addeo, representing the tenant, and Joseph DiPiazza, David Quigua, and Nate Mallon, representing the landlord.

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  • Location
    1031 Grand Street, Brooklyn, NY 112111031 Grand Street, Brooklyn, NY 11211
  • Area
    5,300 SF5,300 SF
  • Asset Type
    RetailRetail
  • Parties
    4 Brokers, 2 Agencies4 Brokers, 2 Agencies

Agents

Jamie Addeo

Jamie Addeo

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Leased1

Joseph DiPiazza

Joseph DiPiazza

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Financed$47M

Agencies

EXR

EXR

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Volume$141M

Verada

Verada

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Volume$2.1M

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Deal Summary

LEASE IMAGE: Joseph DiPiazza, David Quigua, Nate Mallon & Jamie Addeo DATE: 09/01/2021 ADDRESS: 1031 Grand St. MARKET: East Williamsburg ASSET TYPE: Retail TENANT: Lambda Lounge BK (@LambdaLounge) (@LambdaLoungeBK) LANDLORD: Grand Morgan Realty - Jacob Mayer TENANT'S REP: Jamie Addeo (@TheAddeoGroup) - https://www.theaddeogroup.com/about/ LANDLORD'S REP: Joseph DiPiazza (http://linkedin.com/in/jdipiazza) (https://www.exrny.com/associates/joseph-dipiazza), David Quigua & Nate Mallon - EXR (@EXRNY) ASKING RENT: $33/ft. ~ SF: 5,300

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1031 Grand Street

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