Taco Mahal Leases Retail Space At 1109 Lexington Avenue With Landlord Solil Management
LEASED
$357
New York
See Similar DealsRetail705 SF
Leased 11/24/2025
LEASED
Taco Mahal Leases Retail Space At 1109 Lexington Avenue With Landlord Solil Management
1109 Lexington Avenue
See Similar DealsRetail705 SF
Leased 11/24/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$357
Total Square Footage:705 SF
Transaction Type:Lease
The retail asset located at 1109 Lexington Avenue in the Upper East Side has a lease structured on a modified gross basis. The lease covers an area of 705 square feet with an asking rent set at $357 per square foot. The lease term is established for a duration of 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $357/ft
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Solil Management
- Tenant: Taco Mahal
- Brokers: Ben Biberaj & Desi Avidane - IPRG Retail Leasing
Ben Biberaj and Desi Avidane represented IPRG Retail Leasing in the transaction, facilitating the deal between Solil Management and Taco Mahal for the leased retail space. Their involvement highlights the professional brokerage support provided during this lease agreement.
Players
LANDLORD
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$288,528.65
Total Lease Value
$2,885,286.46
Net Landlord Cash Flow$288,528.65
Is there something missing? Send suggestions