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Heavenly Market Leases Retail Space At 1175 Second Ave. On Upper East Side

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LEASED

New York

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Retail1,200 SF
Leased 12/28/2021
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LEASED

Heavenly Market Leases Retail Space At 1175 Second Ave. On Upper East Side

1175 2nd Avenue, New York, NY 10065

See Similar Deals
Retail1,200 SF
Leased 12/28/2021
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:1,200 SF
Transaction Type:Lease

Heavenly Market, a retail tenant, has leased a space at 1175 Second Ave. in the Upper East Side market of New York City. The property, spanning 1,200 square feet, was leased from Five Mill Enterprise. The transaction was facilitated by Brian Rodriguez from Oxford Property Group, who represented Heavenly Market, and Ben Biberaj from Meridian Retail Leasing, who represented Five Mill Enterprise. The asking rent for the space was $180 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Date: 12/28/2021
  • Address: 1175 Second Ave.
  • Market: Upper East Side
  • Tenant: Heavenly Market
  • Tenant's Representative: Brian Rodriguez - Oxford Property Group
  • Landlord: Five Mill Enterprise
  • Landlord's Representative: Ben Biberaj - Meridian Retail Leasing
  • Asking Rent: $180/ft.
  • Square Footage: 1,200

The deal between Heavenly Market and Five Mill Enterprise for the retail space at 1175 Second Ave. was successfully negotiated. Brian Rodriguez, representing Heavenly Market, worked with Oxford Property Group while Ben Biberaj, representing Five Mill Enterprise, was with Meridian Retail Leasing. The lease was signed on 12/28/2021, with an asking rent of $180 per square foot.

Players

Ben Biberaj
187 deals$26.2M volume(703) 434-1461
BROKER

Brian Rodriguez
1 deal
BROKER

TENANT

Details

LEASED
IMAGE: Ben Biberaj & Brian Rodriguez DATE: 12/28/2021 ADDRESS: 1175 Second Ave. MARKET: Upper East Side ASSET TYPE: Retail LANDLORD: Five Mill Enterprise TENANT: Heavenly Market TENANT'S REP: Brian Rodriguez – Oxford Property Group LANDLORD'S REP: Ben Biberaj (@BenBibZ) – Meridian Retail Leasing ASKING RENT: $180/ft. ~ SF: 1,200

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Deal Type
Effective Rent (Annual)

$68,783.28

Total Lease Value

$687,832.76

Net Landlord Cash Flow$68,783.28