LL Event Venue & Suites Leases Retail Space In South Harlem, Manhattan
LEASED
$26
New York
See Similar DealsRetail4,000 SF
Leased 12/01/2023
LEASED
LL Event Venue & Suites Leases Retail Space In South Harlem, Manhattan
28 East 125th Street
See Similar DealsRetail4,000 SF
Leased 12/01/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$26
Total Square Footage:4,000 SF
Transaction Type:Lease
The retail space located at 28 East 125th Street (Lower Level) in South Harlem, Manhattan has been leased. The property, measuring 4,000 square feet, was leased by LL Event Venue & Suites. The landlord for this transaction is Ben Nehmadi of Republic Investment Company. The brokers involved in this deal are Dane Harlowe and Alec Namdar of Meridian Capital Group.
Summary of Transaction Details
- Property Type: Retail
- Asking Rent: $26 per square foot
This lease transaction showcases the collaboration between LL Event Venue & Suites and their representatives, Dane Harlowe and Alec Namdar of Meridian Capital Group. With an asking rent of $26 per square foot, this retail space on East 125th Street presents an attractive opportunity for LL Event Venue & Suites to establish their business in South Harlem, Manhattan.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$119,224.34
Total Lease Value
$1,192,243.45
Net Landlord Cash Flow$119,224.34
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