Lexington Realty Leases Retail Space To Chu Ros Thai NYC At 1621 Lexington Avenue In Harlem

The retail space located at 1621 Lexington Avenue, Harlem, has an asking rent of $130 per square foot for a total of 1,200 square feet. The asset type is retail, and it is under a Modified Gross Lease with a lease term of 10 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $130/ft
• Address: 1621 Lexington Avenue
• Market: Harlem
• Landlord: Lexington Realty
• Tenant: Chu Ros Thai NYC
• Broker: Aryeh Vilinsky - Tahari Realty
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Square Footage: 1,200

The transaction was facilitated by Aryeh Vilinsky of Tahari Realty, who represented the landlord, Lexington Realty. The retail space was secured by Chu Ros Thai NYC as part of its expansion strategy in New York City, highlighting the negotiating success of Tahari Realty’s Leasing Division in landlord representation.