Pan Brothers Associates Leases Retail Space To Karine Kazarian Salon At 1298 Madison Avenue
LEASED
$80
New York
See Similar DealsRetail1,500 SF
Leased 04/01/2025
LEASED
Pan Brothers Associates Leases Retail Space To Karine Kazarian Salon At 1298 Madison Avenue
1298 Madison Avenue
See Similar DealsRetail1,500 SF
Leased 04/01/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$80
Total Square Footage:1,500 SF
Transaction Type:Lease
The retail property located at 1298 Madison Avenue in the Upper West Side has a leased space of 1,500 square feet. The lease type is classified under retail, with an asking rent price of $80 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120,000
- Landlord: Pan Brothers Associates
- Tenant: Karine Kazarian Salon
- Landlord's Representative: Steven Politis
- Tenant's Representatives: Solomon Sharaby & Samuel Chera - KSR
- Lease Date: 04/01/2025
This transaction involved Pan Brothers Associates as the landlord, while Karine Kazarian Salon took on the tenant role. The representatives for the tenant were Solomon Sharaby and Samuel Chera from KSR, indicating their role in facilitating the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$137,566.55
Total Lease Value
$1,375,665.52
Net Landlord Cash Flow$137,566.55
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