Schettino of Giscombe handles two leases: 5,480 s/f
Giscombe Realty Group has arranged two leases totaling 5,480 s/f at 558 Seventh Ave.
Maoz Vegetarian, a falafel chain restaurant, signed a 12-year, 480 s/f lease. The deal includes a 280 s/f storefront and 200 s/f basement storage space. The broker was Jeffrey Schettino of Giscombe Realty, which also owns the building. The tenant broker was the Kamenitzer Real Estate Group.
Mid Town Comics, which leases 5,000 s/f on the second and third floors, renewed their lease for 15 years.
"This is a great location for Maoz which saw the benefits of the space," said Schettino, who also signed the Mid Town Comic lease. "We are very pleased to have both tenants."
Giscombe Realty Group, headed by Eugene Giscombe, is one of Harlem's leading real estate management, leasing and sales firms that also owns and manages other buildings in other parts of the city.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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