A retail space located at 1228 Madison Avenue in the Upper East Side of New York City has been leased. The property, measuring 2,543 square feet, was leased to the tenant NUNUNU. The lease transaction was facilitated by Arel Capital and SK Development, who served as the landlords. The asking rent for the space was approximately $170 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: Lease
• Address: 1228 Madison Avenue
• Market: Upper East Side
• Tenant: NUNUNU
• Landlord: Arel Capital & SK Development
• Landlord's Representatives: Carolina Aziz, Maddy Soffer, and Ike Bibi - KSR
• Tenant's Representatives: Dorel Melloul and Albert Manopla - KSR

The lease deal was facilitated by KSR on behalf of the tenant and the landlords. Carolina Aziz, Maddy Soffer, and Ike Bibi represented the landlords, while Dorel Melloul and Albert Manopla acted as the tenant's representatives. The lease was signed for a term and at a rental rate that was mutually agreed upon by all parties involved in the transaction.