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Meridian Capital Brokers Secure $7,000/Month Lease For Peacock Gourmet Food In East Harlem

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LEASED
Logan Ryan
James Famularo
+ 1

New York

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MultiFamily850 SF
Leased 09/20/2019
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Property Image
LEASED

Meridian Capital Brokers Secure $7,000/Month Lease For Peacock Gourmet Food In East Harlem

2265 1st Avenue, New York, NY 10035, USA

See Similar Deals
MultiFamily850 SF
Leased 09/20/2019
Logan Ryan
James Famularo
+ 1
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Summary

NEW YORK
Asset Type:MultiFamily
Total Square Footage:850 SF
Transaction Type:Lease

The multifamily property located at 2265 First Avenue in East Harlem has recently undergone a closed transaction. The property, with an area of 850 square feet, was leased out to Peacock Gourmet Food. The landlord, Max Koslowitz from Deergrow Developments, successfully negotiated the deal with the help of brokers Ben Biberaj, Logan Ryan, and James Famularo from Meridian Capital.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 2265 First Avenue
  • Tenant: Peacock Gourmet Food
  • Landlord: Max Koslowitz – Deergrow Developments
  • Brokers: Ben Biberaj, Logan Ryan & James Famularo – Meridian Capital

During the negotiation process, Peacock Gourmet Food was able to secure the leasing for a monthly rent of $7,000. With the property having a price per square foot of $100, the total square footage of 850 would ensure ample space for the tenant's needs.

Players

Ben Biberaj
187 deals$26.2M volume(703) 434-1461
BROKER

James Famularo
Meridian Capital Group
357 deals$11.4M volume(212) 468-5960
BROKER


Details

LEASED
IMAGE: Ben Biberaj, Logan Ryan & James Famularo DATE: 09/20/2019 ADDRESS: 2265 FIrst Avenue MARKET: East Harlem ASSET TYPE: Multifamily TENANT: Peacock Gourmet Food LANDLORD: Max Koslowitz – Deergrow Developments BROKERS: Ben Biberaj, Logan Ryan & James Famularo – Meridian Capital ASKING RENT: $7,000 PPSF: $100 SF: 850

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Deal Type
Effective Rent (Annual)

$48,721.49

Total Lease Value

$487,214.87

Net Landlord Cash Flow$48,721.49