Peter Fine Leases Retail Space At 1998 2nd Avenue To Gilded Lily Daycare With Brokers Miles Sabbagh & Marc Sitt

The retail asset involved in this transaction is located at 1998 2nd Avenue in East Harlem. The property encompasses a total of 5,175 square feet and was leased at an asking rent of $75 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $75/ft
• Square Footage: 5,175
• Address: 1998 2nd Avenue
• Market: East Harlem
• Landlord: Peter Fine
• Tenant: Gilded Lily Daycare
• Brokers: Miles Sabbagh & Marc Sitt - KSR
• Lease Type: Retail Lease

The deal was facilitated by brokers Miles Sabbagh and Marc Sitt, who represent the transaction on behalf of KSR. The lease represents a strategic arrangement between the landlord and tenant, indicating active engagement in the East Harlem retail market.