Tahari Capital Leases Retail Space To Beauty Images By Paris At 323 East 108th Street

The property asset involved in this transaction is a retail space located at 323 East 108th Street in East Harlem, Manhattan. The retail unit spans 1,500 square feet and is leased under a Modified Gross Lease for a term of 5 years with an asking rent of $40 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $40/ft
• Lease Term: 5 Years
• Lease Type: Modified Gross Lease
• Landlord: Tahari Capital
• Tenant: Beauty Images by Paris
• Brokers: Mark Golberg, Jack Sash Basora & Aryeh Vilinsky - Tahari Realty
• Market: East Harlem, Manhattan

The deal involves representation by Tahari Realty, which facilitated the lease on behalf of the landlord, Tahari Capital. The brokerage's team successfully negotiated terms that highlight the strength of the East Harlem retail corridor, contributing to the expansion efforts of the tenant, Beauty Images by Paris.