Salem Candy & Convenience Signs 10-Year Lease At 323 East 108th Street In East Harlem

The retail space at 323 East 108th Street, located in East Harlem, Manhattan, has been leased following a successful negotiation. The asset has an asking rent of $40 per square foot and encompasses a total of 1,500 square feet. The lease term established is for 10 years, under a modified gross lease agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $40/ft
• Address: 323 East 108th Street
• Market: East Harlem, Manhattan
• Landlord: Tahari Capital
• Tenant: Salem Candy & Convenience
• Lease Term: 10 years
• Lease Type: Modified Gross Lease
• Brokers: Mark Golberg, Jack Sash Basora & Aryeh Vilinsky - Tahari Realty

Mark Golberg, Jack Sash Basora, and Aryeh Vilinsky from Tahari Realty's Leasing Division played pivotal roles in facilitating this lease. The team successfully negotiated favorable terms for Salem Candy and Convenience, marking a significant expansion for the tenant within the East Harlem retail corridor. The firm's expertise is demonstrated in the strategic approach taken throughout the transaction.