Mario Ursumando Leases Retail Space From Landlord Henry Kallan In Midtown Manhattan

The property asset involved in the transaction is a retail space located at 365 Park Ave South, situated in Midtown Manhattan. The retail lease is for a ground floor space of 3,000 square feet along with an additional 1,500 square feet rooftop bar. The asking rent for this property is $95 per square foot.

Summary of transaction details:

• Property Type: Retail Lease
• Transaction Amount: $95/ft
• Square Footage: 4,500
• Address: 365 Park Ave South
• Market: Midtown Manhattan
• Landlord: Henry Kallan
• Tenant: Mario Ursumando
• Brokers: Emilian Derguti & Alberie Hadergjonaj - Capstone Properties NY
• Lease Term: Ground fl: 3000 SF + 1500 SF rooftop Bar

The deal was facilitated by brokers Emilian Derguti and Alberie Hadergjonaj from Capstone Properties NY, representing the interests of both the landlord and tenant in this transaction. Their involvement ensures that the transaction meets the needs and expectations of both parties.