Meridian Capital Group

Modern Bread & Bagel Signs 15-Year Lease at 248 Broome Street

April 02, 2025

Manhattan, NY Modern Bread & Bagel, the gluten-free bagel and bakery concept, is making its

way to the Lower East Side. The company has signed a 15-year lease for space at 248 Broome

Street, formerly home to Erin McKenna’s Bakery. This marks Modern Bread & Bagel’s fourth New

York City location and seventh nationwide, continuing its rapid expansion across major markets.

The deal was arranged by Meridian Retail Leasing, with senior director Garrett Kelly and director

Noam Aziz representing the landlord, while senior director Ben Biberaj and associate Desi Avidane

represented the tenant. The deal underscores the continued strength of the city’s food and

beverage sector, particularly in neighborhoods like the Lower East Side, where specialty concepts

thrive.

“This is a fantastic addition to the Lower East Side,” said Avidane of Meridian Retail Leasing.

“Modern Bread & Bagel has built a dedicated following, and their gluten-free bagels will fit

perfectly in a neighborhood that appreciates innovative and high-quality food options. The fact

that they’re taking over a space formerly occupied by another gluten-free bakery makes this

transition even more seamless.”

The new location offers 600 s/f on the ground floor and 900 s/f in the basement, providing space

for both retail and kitchen operations. Popular neighboring establishments include Eel Bar, The

Ten Bells, Dudley’s, Barrio Chino, Somm Time, Sunday to Sunday, Bar Valentina, Zest Sushi

Izakaya, and Mila’s Bistro.

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