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375 Chicken N' Fries Leases Retail Space On 12 East 125th Street, Harlem

Property Image
LEASED
$100
Alec Namdar
Dane Harlowe
+ 1

New York

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Retail1,200 SF
Leased 06/04/2024
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Property Image
LEASED

375 Chicken N' Fries Leases Retail Space On 12 East 125th Street, Harlem

12 East 125th Street

See Similar Deals
Retail1,200 SF
Leased 06/04/2024
Alec Namdar
Dane Harlowe
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:1,200 SF
Transaction Type:Lease

The retail property located at 12 East 125th Street in Harlem, Manhattan, was leased to 375 Chicken N' Fries. The lease, facilitated by landlord Nina Demartini-Day of Finite Homes Housing Development Fund Company, had an asking rent of $100 per square foot for the 1,200 square feet space.

Summary of transation details:

The deal was successfully negotiated with the landlord represented by Dane Harlowe and Alec Namdar from Meridian Capital Group, while the tenant was represented by Ravi Idnani and Aric Trakhtenberg from Newmark. These brokers played a crucial role in bringing the lease agreement to fruition, showcasing their expertise in the commercial real estate market.

Players

Aric Trakhtenberg
50 deals$8.3M volume(212) 916-3386
BROKER

Dane Harlowe
Meridian Capital Group
68 deals$1.8M volume(212) 468-5966
BROKER

Ravi Idnani
Newmark
67 deals$3M volume(212) 916-2938
BROKER

Alec Namdar
Meridian Capital Group
35 deals
BROKER

Details

LEASED
IMAGE: Alec Namdar, Dane Harlowe, Ravi Idnani & Aric Trakhtenberg DATE: 06/04/2024 ADDRESS: 12 East 125th Street MARKET: Harlem, Manhattan ASSET TYPE: Retail LANDLORD: Nina Demartini-Day - Finite Homes Housing Development Fund Company TENANT: 375 Chicken N' Fries (@375chicken) LANDLORD'S REP: Dane Harlowe (@HarloweInc) & Alec Namdar (@AlecNamdar) - Meridian Capital Group (@Meridian_Retail_Leasing) TENANT'S REP: Ravi Idnani & Aric Trakhtenberg - Newmark (@Newmark) ASKING RENT: $100/ft ~ SF: 1,200 LEASE TYPE: Retail Lease

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Deal Type
Effective Rent (Annual)

$137,566.55

Total Lease Value

$1,375,665.52

Net Landlord Cash Flow$137,566.55