The retail property located at 355 Grand Street in the Lower East Side of NYC consists of 1,000 square feet and is leased at an asking rent of $103 per square foot, resulting in a monthly rent of $8,600. The lease agreement is established for a term of 10 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,600 monthly rent
• Address: 355 Grand Street
• Market: Lower East Side, NYC
• Landlord: Lai Family
• Tenant: CHA &
• Brokers: Zachary Ziskin & Brandon Efap - Investment Property Realty Group
• Lease Type: Retail Lease
• Lease Term: 10 Years
• Asking Rent: $103/ft
• Square Footage: 1,000

Key individuals involved in this transaction include Zachary Ziskin and Brandon Efap, representing Investment Property Realty Group. They emphasized the importance of vetting a surplus of clientele before selecting the optimal tenant, and their full service efforts also aided the ownership in acquiring the building and leasing the retail space.