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.