Joseph Sheena Leases Retail Space To Stretch Zone At 1407 3rd Avenue For $200/ft

The asset involved in the lease transaction is a retail space located at 1407 3rd Avenue in the Upper East Side. The asking rent is set at $200 per square foot for a total area of 1,750 square feet. The lease type is categorized as a Modified Gross Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $350,000
• Address: 1407 3rd Avenue
• Market: Upper East Side
• Landlord: Joseph Sheena
• Tenant: Stretch Zone
• Landlord's Representative: Andrew Stern & Mai Shachi - Newmark
• Tenant's Representative: Evan Schuckman - Ripco

The lease involves landlord Joseph Sheena and tenant Stretch Zone, with representation by Andrew Stern and Mai Shachi from Newmark for the landlord, while Evan Schuckman from Ripco represents the tenant.