Steven Chera Leases Retail Space To Fromytt Clothing At 231 East 167th Street

The property asset involved in this transaction is a retail space located at 231 East 167th Street in the Concourse Village market. The total square footage of the space is 1,500, with an asking rent of $75 per square foot, making it a notable retail lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $112,500
• Landlord: Steven Chera
• Tenant: Fromytt Clothing
• Lease Type: Retail Lease
• Brokers: Solomon Sharaby & Nathan Ades - KSR

This lease transaction involves Solomon Sharaby and Nathan Ades representing the landlord, Steven Chera, while the tenant, Fromytt Clothing, is entering into this retail lease agreement. The brokerage firm KSR facilitated the negotiations, successfully securing the lease for the tenant in the competitive retail market.