Famularo and Idnani of Eastern Consolidated arranges 650 s/f lease for Poulette at 426 Amsterdam Avenue
February 23, 2015 - New York City
This retail space sits at the base of a five-story residential building between West 80th and West 81st Sts., and includes a full-storage basement and 20 ft. of frontage along Amsterdam Ave. An additional 650 s/f retail space is available for lease on the ground floor of the property.
Known for its authentic, high-quality dishes made from locally-sourced and grown products and offered at an affordable price, Poulette has built a strong customer base since its inception in May 2014 in Hell's Kitchen.
"This thriving neighborhood on the Upper West Side is a great fit for the popular restaurant chain's second New York City location," said Ravi Idnani, associate director at Eastern Consolidated, who is the exclusive leasing agent for the tenant. "As Poulette builds on its success in Hell's Kitchen, we are thrilled to help the retailer expand its footprint in Manhattan."
"This retail space was on the market for just under two weeks, which demonstrates the intense demand for retail offerings in this neighborhood," said James Famularo, senior director of the retail leasing division for Eastern Consolidated, who exclusively represented ownership in the transaction. "The remaining 650 s/f retail unit next to Poulette's new location is a rare opportunity along this busy retail and restaurant corridor."
Neighboring tenants include Yogurtland, Luke's Lobster, Jake's Dilemma, Brother Jimmy's, Pinkberry, Haru, Sarabeth's, Zales, Designer Shoe Warehouse, Tumi, The Children's Place, New York Sports Club, Tolani, and The Tangled Vine, among others.
The property is in close proximity to the West 79th St. subway station, providing easy access to the No. 1 and 2 subway lines, and a short walk from Central Park.