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Samy Mahfar Leases Retail Space To Sakura Mini Market At 299 3rd Avenue In Gramercy Park

Property Image
LEASED
$225
Kyle Fink
Noam Aziz
+ 1

New York

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Retail2,162 SF
Leased 09/02/2025
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LEASED

Samy Mahfar Leases Retail Space To Sakura Mini Market At 299 3rd Avenue In Gramercy Park

299 3rd Avenue

See Similar Deals
Retail2,162 SF
Leased 09/02/2025
Kyle Fink
Noam Aziz
+ 1
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$225
Total Square Footage:2,162 SF
Transaction Type:Lease

The asset involved in this transaction is a retail property located at 299 3rd Avenue in Gramercy Park. It encompasses a total area of 2,162 square feet and is leased under a Modified Gross Lease at an asking rent of $225 per square foot.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $225/ft
  • Square Footage: 2,162
  • Address: 299 3rd Avenue
  • Market: Gramercy Park
  • Landlord: Samy Mahfar
  • Tenant: Sakura Mini Market
  • Landlord's Rep: Noam Aziz & Garrett Kelly - Meridian Capital Group
  • Tenant's Rep: Kyle Fink - Meridian Capital Group
  • Lease Type: Modified Gross Lease

In this transaction, the landlord, Samy Mahfar, is represented by Noam Aziz and Garrett Kelly from Meridian Capital Group, while the tenant, Sakura Mini Market, is represented by Kyle Fink, also of Meridian Capital Group. This collaboration highlights the involvement of key professionals in the retail lease agreement.

Players

Garrett Kelly
60 deals
BROKER

Noam Aziz
Meridian Capital Group
219 deals(212) 468-5984
BROKER


Details

LEASED
IMAGE: Garrett Kelly, Noam Aziz & Kyle Fink DATE: 9/2/2025 ADDRESS: 299 3rd Avenue MARKET: Gramercy Park ASSET TYPE: Retail LANDLORD: Samy Mahfar TENANT: Sakura Mini Market LANDLORD'S REP: Noam Aziz (@NoamAziz) & Garrett Kelly (@GarrettKelly_) - Meridian Capital Group TENANT'S REP: Kyle Fink (@Fink_NYCRetail) - Meridian Capital Group (@Meridian_Retail_Leasing) ASKING RENT: $225/ft ~ SF: 2,162 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$557,660.41

Total Lease Value

$5,576,604.09

Net Landlord Cash Flow$557,660.41