ID Hot Yoga Signs 7-Year Lease For Retail Space At 163-165 East 86th Street

The retail asset located at 163-165 East 86th Street in the Upper East Side has a lease agreement established with ID Hot Yoga as the tenant. The asking rent is set at $80 per square foot for a total space of 6,000 square feet. The lease term is for 7 years, structured as a Single Net Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $80/ft
• Address: 163-165 East 86th Street
• Market: Upper East Side
• Landlord: Edward Greenberger
• Tenant: ID Hot Yoga
• Landlord's Rep: Jacob Rosen - Katz & Associates Real Estate Advisors
• Tenant's Rep: Oded Nachmani - Current Real Estate Advisors
• Lease Term: 7 Years
• Lease Type: Single Net Lease

This transaction involved key representatives from both sides, with Jacob Rosen representing the landlord Edward Greenberger through Katz & Associates Real Estate Advisors. On the other side, Oded Nachmani represented the tenant ID Hot Yoga through Current Real Estate Advisors, facilitating the terms of the lease agreement.