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New Flatiron restaurant.

Newmark Grubb Knight Frank (NGKF) Retail has signed a new, 10-year retail lease for Vietnamese eatery BONMi, encompassing 3,856 s/f at 119 East 23rd Street in the Flatiron District.

Jason Pruger and Salvatore Ferrigno represented the owner, Chay & Chay, in the transaction.

BONMi occupies 2,656 s/f of the ground floor, and 1,200 s/f on the lower level of the 22-story, mixed-use condo that includes office space and 95 Iresidential units.

The asking rent of the ground floor retail space was $200 psf.

Categorized as fast-casual dining, BONMi specializes in a banh mi sandwiches. 119 East 23rd Street is the restaurant's third location, with other eateries located at Fordham College at Lincoln Center on the Upper West Side, and at Whole Foods Market in Paramus, New Jersey.

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Title Annotation:RETAIL
Publication:Real Estate Weekly
Date:May 3, 2017
Words:132
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