Mibarrio Meat Market Signs 10-Year Retail Lease At 1875 Lexington Avenue East Harlem

The retail asset located at 1875 Lexington Avenue in East Harlem, Manhattan has been leased. The space, comprising 1,500 square feet, was secured by Mibarrio Meat Market through a 10-year modified gross lease with an asking rent of $108 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not applicable
• Lease Term: 10 years
• Asking Rent: $108/ft
• Landlord: Tahari Capital
• Tenant: Mibarrio Meat Market
• Brokers: Aryeh Vilinsky, Jack Sash Basora & Mark Golberg - Tahari Realty

Tahari Realty’s Leasing Division successfully facilitated the lease on behalf of Tahari Capital. The team negotiated favorable terms for Mibarrio Meat Market as part of its long-term strategy to establish a presence in the neighborhood, highlighting the strength of the Lexington Avenue corridor.