Brooklyn-Based Van Leeuwen Artisan Ice Cream Scoops Up Three NYC Spaces
By Lauren Elkies Schram April 11, 2018 4:00 pm
reprints
Van Leeuwen Artisan Ice Cream, a Brooklyn-based favorite, is on a tear with three new leases in New York City, Commercial Observer has learned.
The most recent one, signed on March 15, is for 800 square feet on the ground floor at 1625 Second Avenue between East 84th and 85th Streets, according to Jaime Schultz of Lee & Associates NYC, the broker for the company’s nationwide expansion. The deal includes 700 square feet in the basement for storage. The lease is for 10 years and the asking rent was $150 per square feet. Van Leeuwen will take occupancy this summer.
“Brooklyn as a brand is desirable and so are Brooklyn-based tenants,” Schultz said in a prepared statement. “All of the product is made from scratch in Brooklyn’s Greenpoint neighborhood and the attention-to-detail is evident in the lines that stretch out the door at every location that’s opened.”
Hal Shapiro of Winick Realty Group represented the landlord, Eames, in the deal. According to a press release from Lee & Associates NYC, “given current market conditions and the desirability of the tenant, the landlord offered increased concessions.”
The only concession besides free rent, Shapiro said, was a contribution to the HVAC installation.
According to Shapiro, Vespa occupied the entire space 1,600-square-foot retail space at the bottom of a five-story walkup residential building until over a year ago. The other half is currently vacant.
“It fits the area very well with all of the residents,” Shapiro said. “People on the street are excited to see them coming.”
The other new stores are in 310 square feet at 45 Spring Street between Mulberry and Mott Streets in Nolita (asking rent was $384 a square foot and the deal was for 10 years) and 1,000 square feet at 550 Vanderbilt Avenue in the Prospect Heights neighborhood of Brooklyn (asking rent was $125 per square foot in the 10-year deal). And those are in addition to the 800-square-foot shop opening in the spring at 448 Amsterdam Avenue between West 81st and West 82nd Streets on the Upper West Side (asking rent was $165 per foot in the 10-year deal).
Van Leeuwen has 10 open locations in New York City and Los Angeles.
