Jem Realty's Alan Jemal Leases Retail Space To Barra Payan At 2346 Grand Concourse

The asset involved in the transaction is a retail space located at 2346 Grand Concourse in the Fordham market. The space covers a total of 1,500 square feet and has an asking rent of $85 per foot.

Summary of transation details:

• Property Type: Retail Lease
• Transaction Amount: $127,500
• Landlord: Jem Realty - Alan Jemal
• Tenant: Barra Payan
• Brokers: Solomon Sharaby & Avinoam Herrari - KSR
• Lease Type: Retail Lease

The deal was facilitated by brokers Solomon Sharaby and Avinoam Herrari, representing the landlord Jem Realty. The negotiation led to the successful leasing of the specified retail space to tenant Barra Payan.