Prestige Market Signs Retail Lease At 1865 2nd Avenue With Landlord Jay Espinol
LEASED
$250
New York
See Similar DealsRetail1,100 SF
Leased 10/06/2025
LEASED
Prestige Market Signs Retail Lease At 1865 2nd Avenue With Landlord Jay Espinol
1865 2nd Avenue
See Similar DealsRetail1,100 SF
Leased 10/06/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$250
Total Square Footage:1,100 SF
Transaction Type:Lease
This retail lease transaction involves a property located at 1865 2nd Avenue in the Upper East Side market. The asking rent for the space is $250 per square foot for a total area of 1,100 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $275,000
- Address: 1865 2nd Avenue
- Market: Upper East Side
- Landlord: Jay Espinol
- Tenant: Prestige Market
- Brokers: Malik Wells, Nathan Aballi & Samuel Chera - KSR
- Lease Type: Retail Lease
The brokers involved in this transaction are Malik Wells, Nathan Aballi, and Samuel Chera, representing the landlord and tenant in this retail lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$315,256.68
Total Lease Value
$3,152,566.81
Net Landlord Cash Flow$315,256.68
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