Natural Spa DAJIAFA Signs Lease At 448 East 79th Street With Landlord Nathan Benelyahou

The asset is a retail space located at 448 East 79th Street in the Upper East Side market. The landlord of the property is Nathan Benelyahou, and it has a lease agreement with Natural Spa DAJIAFA for a modified gross lease. The asking rent per square foot is $72 for a total of 1,000 square feet, and the lease term is set for 5 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $72/ft
• Lease Term: 5 Years
• Address: 448 East 79th Street
• Market: Upper East Side
• Landlord: Nathan Benelyahou
• Tenant: Natural Spa DAJIAFA
• Brokers: Ben Biberaj & Brandt Lewis - IPRG Retail Leasing; Brandon Efap - Investment Property Realty Group

The leasing transaction was facilitated by IPRG, which had previously been hired for the property's original sale. The process was carried out smoothly, ensuring that both the new landlord and the incoming tenant received specialized guidance throughout the transition from sale to lease-up.