Advance Auto Parts has signed a lease for a retail space at 2102 Ralph Avenue in New York City. The property, spanning 7,705 square feet, was marketed for lease by Schuckman Realty. The asking rent for the space is $65 per square foot.

Summary of transaction details

• Property Type: Retail
• Date: 12/20/2022
• Address: 2102 Ralph Avenue
• Market: New York City
• Landlord: Joel Jacob
• Tenant: Advance Auto Parts
• Landlord's Representative: Steven Hakakian & Baruch Edelkopf - Schuckman Realty
• Tenant's Representative: Hilary Sievers - JLL
• Asking Rent: $65/ft
• Square Footage: 7,705

Schuckman Realty successfully marketed the property for lease and facilitated the lease agreement with Advance Auto Parts. This transaction exemplifies Schuckman's cross-channel collaboration capabilities, as they ran both the sales and leasing processes simultaneously to maximize value for both parties. Additionally, the end cap space with shared parking is currently being marketed, and interested parties can reach out to Steven Hakakian for more details.