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Rodney Propp & Joe Milone Lease Retail Space To Axis Project At 118 East 108th Street

Property Image
LEASED
$42
Noam Aziz
Ariel Ilian
+ 1

New York

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Retail5,000 SF
Leased
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Property Image
LEASED

Rodney Propp & Joe Milone Lease Retail Space To Axis Project At 118 East 108th Street

118 East 108th Street

See Similar Deals
Retail5,000 SF
Leased
Noam Aziz
Ariel Ilian
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$42
Total Square Footage:5000 SF
Transaction Type:Lease

The property asset involved in this transaction is located at 118 East 108th Street in Manhattan. The asset type is retail, and it encompasses a total square footage of 5,000. The asking rent for this space is $42 per square foot, structured under a Single Net Lease arrangement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $210,000
  • Address: 118 East 108th Street
  • Market: Manhattan
  • Landlord: Rodney Propp & Joe Milone
  • Tenant: Axis Project
  • Landlord's Representative: Moshe Akiva - Tri State Commercial Realty
  • Brokers: Noam Aziz, Cory Rywalt & Ariel Ilian - Meridian Capital Group

The deal features notable individuals from both sides, with Moshe Akiva representing the landlords through Tri State Commercial Realty. The brokers involved in facilitating the lease are Noam Aziz, Cory Rywalt, and Ariel Ilian, all from Meridian Capital Group, highlighting a collaboration of expertise in the transaction.

Players

20 deals$3.3M volume(212) 314-4684
BROKER



Details

LEASED
IMAGE: Cory Rywalt, Noam Aziz, Ariel Ilian & Moshe Akiva DATE: 10/14/2025 ADDRESS: 118 East 108th Street MARKET: Manhattan ASSET TYPE: Retail LANDLORD: Rodney Propp & Joe Milone TENANT: Axis Project LANDLORD'S REP: Moshe Akiva - Tri State Commercial Realty (@TriStateCommercial) BROKERS: Noam Aziz (@NoamAziz), Cory Rywalt (@LeasingNYCRetail) & Ariel Ilian (@IlianRealty) - Meridian Capital Group (@Meridian_Retail_Leasing) ASKING RENT: $42/ft ~ SF: 5,000 LEASE TYPE: Single Net Lease

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Deal Type
Effective Rent (Annual)

$240,741.47

Total Lease Value

$2,407,414.66

Net Landlord Cash Flow$240,741.47