Shah's Halal Leases Retail Space At 362 West 125th Street In Harlem For $140/ft
LEASED
$140
New York
See Similar DealsRetail1,250 SF
Leased 01/13/2025
LEASED
Shah's Halal Leases Retail Space At 362 West 125th Street In Harlem For $140/ft
362 West 125th Street
See Similar DealsRetail1,250 SF
Leased 01/13/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$140
Total Square Footage:1,250 SF
Transaction Type:Lease
The asset involved in this transaction is a retail space located at 362 West 125th Street in the Harlem market. The property has an asking rent of $140 per square foot, with a total area of 1,250 square feet. The lease type is a retail lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $140/ft
- Address: 362 West 125th Street
- Market: Harlem
- Tenant: Shah's Halal
- Broker Representatives: David Sabbagh, Eli Yadid & Ori Melloul - KSR
- Lease Type: Retail Lease
The deal was represented by brokers David Sabbagh, Eli Yadid, and Ori Melloul from KSR, who facilitated the transaction for the tenant, Shah's Halal. The team's involvement highlights their role in negotiating and closing this retail lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$200,617.89
Total Lease Value
$2,006,178.88
Net Landlord Cash Flow$200,617.89
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