Yechiel Newhouse Leases 13,190 Sq Ft Retail Space To Beanstalk Academy In Harlem

The property asset involved in the transaction is a retail space located at 34 West 139th Street in Harlem, Manhattan. The asset has a total square footage of 13,190 sq ft and was leased at an asking rate of $40 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $40/ft
• Square Footage: 13,190 sq ft
• Address: 34 West 139th Street
• Market: Harlem, Manhattan
• Landlord: Yechiel Newhouse
• Tenant: Beanstalk
• Broker: Nick Zweig - Locations Commercial Real Estate

Beanstalk Academy has signed a 10-year lease at the mentioned location, which coincides with their renewal of an 11,000 sq ft lease at 950 Westchester Avenue in the Bronx, totaling 24,190 sq ft across both leases.