Yuma Ga Akura Leases Retail Space At 271 5th Avenue In Manhattan For $160/ft

The property is a retail space located at 271 5th Avenue in Manhattan. It features a single net lease structure with an asking rent of $160 per square foot and encompasses a total area of 3,000 square feet.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $160/ft
• Square Footage: 3,000
• Market: Manhattan
• Landlord: Steven Horowitz
• Tenant: Yuma Ga Akura
• Landlord's Representative: James Famularo & Cole Kleppinger - Meridian Capital Group
• Tenant's Representative: Emilian Derguti - Capstone Properties NY
• Lease Type: Single Net Lease

Meridian Retail Leasing was engaged for this assignment in October 2025, successfully attracting a multitude of qualified offers in a short timeframe. The collaboration between parties was facilitated through effective outreach, market insight, and established operator relationships.