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Charlotte Cafe Signs 10 Year Lease At 1158 2nd Avenue In Lenox Hill With Nathan Aballi & Claude Kolb As Landlord's Representatives

Property Image
LEASED
$123
Claude Kolb
Ely Akiva
+ 1

New York

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Retail1,200 SF
Leased 04/03/2025
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Property Image
LEASED

Charlotte Cafe Signs 10 Year Lease At 1158 2nd Avenue In Lenox Hill With Nathan Aballi & Claude Kolb As Landlord's Representatives

1158 2nd Avenue

See Similar Deals
Retail1,200 SF
Leased 04/03/2025
Claude Kolb
Ely Akiva
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$123
Total Square Footage:1,200 SF
Transaction Type:Lease

The retail asset located at 1158 2nd Avenue in Lenox Hill, Manhattan features an asking rent of $123 per square foot and encompasses a total area of 1,200 square feet. The lease term established for this property is 10 years, categorized under a Modified Gross Lease.

Summary of transaction details:

Nathan Aballi and Claude Kolb represented the landlord, Shaun Jodani, in this lease transaction, while Edmund Shammah and Ely Akiva acted as representatives for the tenant, Charlotte Cafe. The collaboration between these representatives facilitated the successful lease execution for the retail space.

Players

Claude Kolb
39 deals(917) 656-5304
BROKER

Nathan Aballi
Kassin Sabbagh Realty
50 deals$8.3M volume(917) 915-8763
BROKER


Details

LEASED
IMAGE: Edmund Shammah, Ely Akiva, Nathan Aballi & Claude Kolb DATE: 04/03/2025 ADDRESS: 1158 2nd Avenue MARKET: Lenox Hill, Manhattan ASSET TYPE: Retail LANDLORD: Shaun Jodani TENANT: Charlotte Cafe LANDLORD'S REP: Nathan Aballi & Claude Kolb - Kassin Sabbagh Realty TENANT'S REP: Edmund Shammah & Ely Akiva - Tri State Commercial Realty (@TriStateCommercial) ASKING RENT: $123/ft ~ SF: 1,200 LEASE TERM: 10 Years LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$169,371.94

Total Lease Value

$1,693,719.38

Net Landlord Cash Flow$169,371.94