Avison Young Discloses Four NYC Transactions

NEW YORK CITY – Avison Young’s New York City office has disclosed four recent transactions, comprising three lease deals in Manhattan and a property sale in Brooklyn.

Avison Young associate, Maria Fernandez, led the team to arrange the transactions.

The company arranged a ten-year retail lease for Hair Lounge hair salon; encompassing 1,314 square feet of space on the second floor of 668 Sixth Avenue in Manhattan’s Flatiron district. Fernandez represented the landlord, 668 Ave LLC in the transaction, and Zelnik & Co.’s Michael Peguero represented the tenant, Hair Lounge.

The second lease deal consists of a one-year, ground-floor lease for Shookit Inc. The last mile nano distribution facility secured 400 square feet of space at 896 Amsterdam Avenue in Manhattan’s Upper West Side neighborhood. Fernandez represented both the landlord, Light House Properties LLC, known as Solil Management, and the tenant, Shookit Inc., in the transaction.

Avison Young additionally arranged a 20-year, 7,500-square-foot lease for supermarket, 312 Food Corp. The lease comprises 6,000 square feet of ground floor retail space and 1,500 square feet of second-floor office space at 544 West 181^st Street, also known as 312 Audubon Avenue in Manhattan’s Washington Heights neighborhood. The long-term lease includes a five-year renewal option.  Fernandez represented the tenant, 312 Food Corp. in the transaction, and A&E Realty’s Ryan Chong represented the landlord, Won Merchandise Corp.

The company also announced the $2.1 million sale of 80 Rugby Road, a 6,000-square-foot, boutique multifamily property/mansion, located in Brooklyn’s Prospect Park neighborhood. Fernandez represented the buyer, 80 Rugby LLC in the transaction, and Compass’s Laura Rozos represented the seller, the Estate of Lucille Nicholson.

Commercial real estate services firm, Avison Young is headquartered in Toronto, Canada and occupies more than 100 offices, internationally.