Peaky Barista Leases Retail Space At 1220 Lexington Avenue On The Upper East Side
LEASED
+ 2
New York
See Similar DealsRetail1,050 SF
Leased
LEASED
Peaky Barista Leases Retail Space At 1220 Lexington Avenue On The Upper East Side
1220 Lexington Avenue, New York City, New York 10028, United States
See Similar DealsRetail1,050 SF
Leased
+ 2
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:1050 SF
Transaction Type:Lease
An 1,050 square foot retail space located at 1220 Lexington Avenue in the Upper East Side has been leased. The lease was signed on 05/16/2022. The property is owned by Samy Mahfar and the tenant is Peaky Barista. The landlord's representatives in the deal were David Green, Ori Melloul, and Ike Bibi from KSR, while the tenant was represented by Bruno Reljic from Bond New York. The asking rent for the space was $160 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 1220 Lexington Avenue
- Market: Upper East Side
David Green, Ori Melloul, and Ike Bibi from KSR represented the landlord, Samy Mahfar, in the lease transaction. Bruno Reljic from Bond New York acted as the tenant's representative, ensuring a successful deal for Peaky Barista.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$60,185.37
Total Lease Value
$601,853.66
Net Landlord Cash Flow$60,185.37
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