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Abou Hair Salon Leases Retail Space In Harlem, Manhattan With Meridian Capital Group As Brokers

Property Image
LEASED
$60
Bobby Ortense

New York

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Retail850 SF
Leased 11/17/2023
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Property Image
LEASED

Abou Hair Salon Leases Retail Space In Harlem, Manhattan With Meridian Capital Group As Brokers

264 West 124th Street

See Similar Deals
Retail850 SF
Leased 11/17/2023
Bobby Ortense
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$60
Total Square Footage:850 SF
Transaction Type:Lease

The retail property located at 264 West 124th Street in Harlem, Manhattan has been leased. The tenant, Abou Hair Salon, has signed a lease agreement with the landlord, Ben Ryu of Ryuco Management. The lease transaction was facilitated by James Famularo and Bobby Ortense of Meridian Capital Group.

Summary of transaction details

The deal was completed on and represents a successful lease agreement for the retail space. Both the landlord and tenant were represented by their respective brokers, James Famularo and Bobby Ortense. The leased property offers a prime location in Harlem, Manhattan, providing an attractive opportunity for Abou Hair Salon to establish their business in a bustling market.

Players

James Famularo
357 deals$11.4M volume(212) 468-5960
BROKER

Bobby Ortense
Meridian Capital Group
71 deals
BROKER

Details

LEASED
IMAGE: James Famularo & Bobby Ortense DATE: 11/17/2023 ADDRESS: 264 West 124th Street MARKET: Harlem, Manhattan ASSET TYPE: Retail LANDLORD: Ben Ryu - Ryuco Management TENANT: Abou Hair Salon BROKERS: James Famularo (@JamesFamularo) & Bobby Ortense - Meridian Capital Group (@Meridian.Capital.Group) ASKING RENT: $60/ft ~ SF: 850

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Deal Type
Effective Rent (Annual)

$58,465.78

Total Lease Value

$584,657.84

Net Landlord Cash Flow$58,465.78