Meridian Retail Leasing arranges 2,349 s/f lease at 280 East Houston St.

Manhattan, NY Max Freudenberger, Noam Aziz and Carson Sharabani of Meridian Capital Group’s Retail Leasing division arranged a new 10-year retail lease at 280 East Houston St. on the Lower East Side.

The 2,349 s/f space was leased at $20,000 per month, equating to $102 per s/f. The incoming tenant is a Pilates concept that will introduce a wellness offering to one of Downtown’s most active corridors.

Owned by SMA Equities, 280 East Houston St. is a modern mixed-use building featuring frontage, ceiling heights, and visibility along East Houston St. The property’s positioning on a major crosstown artery connecting the Lower East Side, NoHo, and the East Village provides tenants with consistent pedestrian traffic and brand exposure. Its construction and facade make it particularly attractive to boutique fitness and experiential operators seeking long-term stability in a supply-constrained market.

The surrounding neighborhood continues to benefit from residential density, destination dining, and access to multiple subway lines, reinforcing East Houston St.’s position as a key retail and lifestyle corridor in Downtown.

“280 East Houston St. represents the type of asset sophisticated operators are targeting today,” said Aziz. “SMA Equities consistently maintains high-quality buildings that provide tenants with strong visibility, functional layouts, and long-term stability. That ownership strength was a meaningful component in securing this tenancy.