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USA Vein Signs 10-Year Lease At 26 East 125th Street In South Harlem With Landlords Fruchthandler

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LEASED
$70

New York

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Retail2,850 SF
Leased 12/12/2024
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LEASED

USA Vein Signs 10-Year Lease At 26 East 125th Street In South Harlem With Landlords Fruchthandler

26 East 125th Street

See Similar Deals
Retail2,850 SF
Leased 12/12/2024
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$70
Total Square Footage:2,850 SF
Transaction Type:Lease

The property involved in this transaction is a retail space located at 26 East 125th Street in the South Harlem market. The lease is set for a duration of 10 years under a modified gross lease arrangement. The asking rent for the space is $70 per square foot, encompassing a total area of 2,850 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $199,500
  • Address: 26 East 125th Street
  • Market: South Harlem
  • Lease Term: 10 years
  • Lease Type: Modified Gross Lease
  • Landlord: Ephraim Fruchthandler, Yehoshua Leib Fruchthandler & Yitzi Fruchthandler
  • Tenant: USA Vein
  • Landlord's Representative: Josh Augenbaum - Augenbaum Realty
  • Tenant's Representative: Denis Abayev - Commercial Acquisitions

Key individuals in this transaction include the landlords Ephraim Fruchthandler, Yehoshua Leib Fruchthandler, and Yitzi Fruchthandler, who managed the leasing process. Tenant USA Vein is represented by Denis Abayev from Commercial Acquisitions, while the landlord is represented by Josh Augenbaum from Augenbaum Realty.

Players

Denis Abayev
22 deals$33.9M volume
BROKER

Josh Augenbaum
Augenbaum Realty
139 deals$652.8M volume(917) 417-7834
BROKER

Details

LEASED
IMAGE: Josh Augenbaum & Denis Abayev DATE: 12/12/2024 ADDRESS: 26 East 125th Street MARKET: South Harlem ASSET TYPE: Retail LANDLORD: Ephraim Fruchthandler, Yehoshua Leib Fruchthandler & Yitzi Fruchthandler TENANT: USA Vein LANDLORD'S REP: Josh Augenbaum (@JoshAugenbaum) - Augenbaum Realty (@AugenbaumRealtyNY) TENANT'S REP: Denis Abayev - Commercial Acquisitions (@CARealtyINC) ASKING RENT: $70/ft ~ SF: 2,850 LEASE TERM: 10 years LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$228,704.39

Total Lease Value

$2,287,043.92

Net Landlord Cash Flow$228,704.39