Timber Equities Leases Mixed-use Space To Frederick Community Pharmacy On Frederick Douglass Boulevard

The property asset involved in the transaction is a mixed-use space located at 2460 Frederick Douglass Boulevard in Harlem. The asking rent for this 1,700 square foot property is $90 per square foot, and the lease term is set for 15 years under a modified gross lease agreement.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $90/ft
• Square Footage: 1,700
• Lease Term: 15 Years
• Lease Type: Modified Gross Lease
• Landlord: Timber Equities
• Tenant: Frederick Community Pharmacy
• Broker: Aryeh Vilinsky - Tahari Realty

Key individuals involved in the transaction include Aryeh Vilinsky, representing Tahari Realty as the broker for the deal. The landlord, Timber Equities, and the tenant, Frederick Community Pharmacy, are essential parties in this transaction, highlighting the collaborative nature of the lease agreement.