Danny's Cleaners Leases Retail Space in Gramercy for $150/ft

Danny’s Cleaners, a New York-based dry cleaning and laundry service, has leased 990 square feet of retail space at 172 Third Avenue in Gramercy. The space was previously occupied by a nail salon and has been leased for an undisclosed amount. The landlord, Solil Management, was represented by brokers Albert Manopla and Ralph M. Sarway of Kassin Sabbagh Realty, while Danny’s Cleaners was also represented by the same brokers. The property is located on a busy street corner and has a basement of 1,000 square feet. The corner space is still available for lease, offering an additional 1,170 square feet of space. The lease was signed at a rate of $150 per square foot. This deal is indicative of the strong demand for retail space in New York City, particularly in popular neighborhoods like Gramercy. The brokers involved in the deal have a strong track record in the commercial real estate market and are well-positioned to continue to facilitate successful transactions in the future.