Paola's Restaurant Leases 800 SF Mixed-Use Space At 1361 Lexington Avenue In Carnegie Hill - James Famularo, Meridian Capital Group
LEASED
New York
See Similar DealsMixed-use800 SF
Leased 09/28/2020
LEASED
Paola's Restaurant Leases 800 SF Mixed-Use Space At 1361 Lexington Avenue In Carnegie Hill - James Famularo, Meridian Capital Group
1361 Lexington Ave, New York, NY 10128, USA
See Similar DealsMixed-use800 SF
Leased 09/28/2020
Summary
NEW YORK
Asset Type:Mixed-use
Total Square Footage:800 SF
Transaction Type:Lease
The mixed-use property located at 1361 Lexington Avenue in Carnegie Hill recently closed a lease deal. The landlord, Laura Lemle, agreed to an asking rent of $210 per square foot for the 800-square-foot space. The tenant, Paola's Restaurant, will occupy the premises. The lease transaction was facilitated by broker James Famularo from Meridian Capital Group.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: N/A
- Address: 1361 Lexington Avenue
- Market: Carnegie Hill
- Asking Rent: $210 per square foot
- Square Footage: 800
- Tenant: Paola's Restaurant
- Landlord: Laura Lemle
- Broker: James Famularo - Meridian Capital Group
James Famularo, representing Meridian Capital Group, played a crucial role in closing the lease deal between landlord Laura Lemle and tenant Paola's Restaurant for the 800-square-foot space at 1361 Lexington Avenue in Carnegie Hill.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$45,855.52
Total Lease Value
$458,555.17
Net Landlord Cash Flow$45,855.52
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