Dear Coffee Leases Retail Space On Upper East Side

1246 Lexington Avenue

$250

$250/SF

Building Size

1,100 SF

Asset Type

Retail

Closing

Sep 28, 2023

AI

The property involved in this lease transaction is a retail space located at 1246 Lexington Avenue in the Upper East Side market. The space spans approximately 1,100 square feet.

Summary of transaction details

Property Type: Retail
Address: 1246 Lexington Avenue
Market: Upper East Side
Landlord: Allen Abbani
Tenant: Dear Coffee
Brokers: David Green, Daniel Kestenbaum, and Nolan Weinberg - KSR
Asking Rent: $250 per square foot
Lease Type: Ground Lease

The lease transaction was facilitated by brokers David Green, Daniel Kestenbaum, and Nolan Weinberg of KSR. Allen Abbani served as the landlord, while Dear Coffee became the tenant for the retail space. The space was leased under a ground lease agreement.

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