Alan Jemal Leases Office Space To PT OF THE CITY At 2488 Grand Concourse For $50/ft

The property involved in this lease transaction is located at 2488 Grand Concourse in the Fordham market. It is categorized as an office asset, featuring a total square footage of 2,750. The asking rent for the leased space is set at $50 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $137,500
• Address: 2488 Grand Concourse
• Landlord: Alan Jemal
• Tenant: PT OF THE CITY
• Lease Type: Retail Lease
• Brokers: Solomon Sharaby & Dorel Melloul - KSR

The key individuals involved in this transaction include the landlord Alan Jemal and the tenant PT OF THE CITY, facilitated by brokers Solomon Sharaby and Dorel Melloul from KSR. Their collaboration has led to the successful finalization of the lease agreement for the specified office space.