Stephen D. Silva Leases Retail Space To Sol San At 350 East 116th Street In East Harlem

The asset involved in this transaction is a retail property located at 350 East 116th Street in East Harlem, Manhattan. The asking rent for this property is $160 per square foot, with a total size of 300 square feet. The lease type is a Modified Gross Lease, reflecting specific terms agreed upon by the parties involved.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $160/ft
• Address: 350 East 116th Street
• Market: East Harlem, Manhattan
• Landlord: Stephen D. Silva
• Tenant: Sol San
• Brokers: Alec Namdar & Daniel Sharga - Meridian Capital Group
• Lease Type: Modified Gross Lease
• Square Footage: 300

This lease transaction was facilitated by brokers Alec Namdar and Daniel Sharga, who represent Meridian Capital Group. They played a crucial role in connecting the landlord, Stephen D. Silva, with the tenant, Sol San, to finalize the terms of the agreement.