Babaev Family Leases 3,500 SF Retail Space To Global Home In Bronx For $45/ft

This is a retail lease transaction involving a property located at 2415 Arthur Avenue in the Bronx. The asking rent for the property is $45 per square foot for an area of 3,500 square feet.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $157,500
• Landlord: Babaev Family
• Tenant: Global Home
• Brokers: Yisrael Bassalian & Tanner Zar - Titan Group New York
• Lease Type: Retail Lease

Titan Group New York represented both the landlord and the tenant in this transaction. The firm specializes in commercial and residential leasing and offers guidance for property owners looking to lease vacant units.