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MakeInspires Signs 10-Year Retail Lease At 1642 York Avenue On Upper East Side

Property Image
LEASED
Eli Yadid
Joshua Berkun
+ 1

New York

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Retail3,000 SF
Leased 07/19/2023
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Property Image
LEASED

MakeInspires Signs 10-Year Retail Lease At 1642 York Avenue On Upper East Side

1642 York Avenue New York, New York 10028, USA

See Similar Deals
Retail3,000 SF
Leased 07/19/2023
Eli Yadid
Joshua Berkun
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:3,000 SF
Transaction Type:Lease

A 10-year, 3,000 square foot ground-floor retail lease has been signed at 1642 York Avenue in Manhattan's Upper East Side. The space was leased to MakeInspires, an organization that produces STEAM educational programs.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not mentioned
  • Address: 1642 York Avenue
  • Market: Upper East Side
  • Square Footage: 3,000

Lee & Associates NYC represented the landlord, Brad Schwarz and Olivia Hwang, in this lease deal. MakeInspires was represented by Joshua Berkun and Eli Yadid of Kassin Sabbagh Realty.

Note: Lee & Associates NYC facilitated the 10-year lease agreement on behalf of the landlord, securing a ground-floor retail space for MakeInspires at 1642 York Avenue in Manhattan's Upper East Side.

Players

Joshua Berkun
12 deals$3.3M volume(516) 459-9251
BROKER

Brad Schwarz
Lee & Associates
8 deals$18.2M volume(401) 663-5923
BROKER

Olivia Hwang
Lee & Associates
4 deals
BROKER

Eli Yadid
Kassin Sabbagh Realty
38 deals$16M volume
BROKER

Details

LEASED
IMAGE: Eli Yadid, Joshua Berkun, Brad Schwarz & Olivia Hwang DATE: 07/19/2023 ADDRESS: 1642 York Avenue MARKET: Upper East Side ASSET TYPE: Retail ~ SF: 3,000 TENANT: MakeInspires LANDLORD'S REP: Brad Schwarz & Olivia Hwang - Lee & Associates TENANT'S REP: Joshua Berkun & Eli Yadid - Kassin Sabbagh Realty (@Kassin_Sabbagh_Realty) NOTE: Lee & Associates NYC represented the Landlord in a 10-year, 3,000 square foot ground-floor retail lease with MakeInspires, an organization that produces STEAM educational programs, at 1642 York Avenue in Manhattan's Upper East Side.

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Deal Type
Effective Rent (Annual)

$171,958.19

Total Lease Value

$1,719,581.90

Net Landlord Cash Flow$171,958.19