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Republic Investment Company Leases Multifamily Property At 28 East 125th Street In Harlem To Mr Exotic 6

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LEASED
$137
Dane Harlowe

New York

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MultiFamily700 SF
Leased 07/28/2023
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Property Image
LEASED

Republic Investment Company Leases Multifamily Property At 28 East 125th Street In Harlem To Mr Exotic 6

28 W 125th St New York, NY 10027, USA

See Similar Deals
MultiFamily700 SF
Leased 07/28/2023
Dane Harlowe
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$137
Total Square Footage:700 SF
Transaction Type:Lease

The property at 28 East 125th Street in Harlem has recently been leased. The asset type is a multifamily property, offering residential units to tenants. The transaction involves Republic Investment Company as the landlord, with Ben Nehmadi representing the company's interests. The tenant in this lease is Mr Exotic 6. The brokers responsible for facilitating the deal are Dane Harlowe and Alec Namdar from Meridian Capital Group.

Summary of transaction details

  • Property Type: Multifamily
  • Address: 28 East 125th Street
  • Market: Harlem
  • Landlord: Republic Investment Company - Ben Nehmadi
  • Tenant: Mr Exotic 6
  • Brokers: Dane Harlowe & Alec Namdar - Meridian Capital Group
  • Asking Rent: $137.14/ft
  • Square Footage: 700 ft

The deal's key individuals and companies involved in this lease transaction bring expertise and representation to ensure a smooth process. Ben Nehmadi acts as the landlord's representative for Republic Investment Company, and Mr Exotic 6 serves as the tenant. Dane Harlowe and Alec Namdar, brokers from Meridian Capital Group, work diligently to secure the lease agreement. Their expertise in the market contributes to the successful completion of the transaction.

Players

Dane Harlowe
68 deals$1.8M volume(212) 468-5966
BROKER

Alec Namdar
Meridian Capital Group
35 deals
BROKER

Details

LEASED
IMAGE: Dane Harlowe & Alec Namdar DATE: 07/28/2023 ADDRESS: 28 East 125th Street MARKET: Harlem ASSET TYPE: Multifamily LANDLORD: Republic Investment Company - Ben Nehmadi TENANT: Mr Exotic 6 BROKERS: Dane Harlowe (@HarloweInc) & Alec Namdar (@AlecNamdar) - Meridian Capital Group (@Meridian.Capital.Group) ASKING RENT: $137.14/ft ~ SF: 700

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Deal Type
Effective Rent (Annual)

$109,938.60

Total Lease Value

$1,099,386.03

Net Landlord Cash Flow$109,938.60