Fraydun Manocherian Leases Retail Space To PS Network At 1433 York Avenue In Lenox Hill

The retail asset located at 1433 York Avenue in the Lenox Hill neighborhood of Manhattan has a total square footage of 13,176. The lease for this property was signed at an asking rent of $76 per square foot. The lease type is classified as a Modified Gross Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $76/ft
• Square Footage: 13,176
• Address: 1433 York Avenue
• Market: Lenox Hill, Manhattan
• Landlord: Fraydun Manocherian
• Tenant: PS Network
• Tenant's Representatives: Noam Aziz & Aaron Harounian - Meridian Capital Group

The representation for the tenant in this transaction was handled by Noam Aziz and Aaron Harounian from Meridian Capital Group, ensuring the tenant’s interests were represented in the leasing process. This involvement highlights the key players facilitating the agreement for this retail space.