Upscale Salon Leases Retail Space At 112 East 116th Street In East Harlem For 10 Years
New York
See Similar DealsUpscale Salon Leases Retail Space At 112 East 116th Street In East Harlem For 10 Years
112 East 116th Street
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The property involved in the transaction is a retail space located at 112 East 116th Street in the East Harlem market. The space covers 1,200 square feet and was leased for an asking rent of $75 per square foot. The lease is a Modified Gross Lease with a term of 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $75/ft
- Square Footage: 1,200
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Arman Nog
- Tenant: Upscale Salon
- Brokers: Aryeh Vilinsky, Jack Sash Basora, and Mark Golberg - Tahari Realty
Tahari Realty successfully represented the landlord during this lease transaction, negotiating favorable terms for the retail space. The firm’s brokers have a strong reputation in landlord representation, and their team is noted for identifying prime locations for tenants in New York City’s competitive market.
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