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Agile Learning Center Leases Retail Space At 5 East 111th Street In Harlem For $58/ft

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LEASED
$58

New York

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Retail1,838 SF
Leased
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Property Image
LEASED

Agile Learning Center Leases Retail Space At 5 East 111th Street In Harlem For $58/ft

5 East 111th Street

See Similar Deals
Retail1,838 SF
Leased
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$58
Total Square Footage:1838 SF
Transaction Type:Lease

The property asset involved in this transaction is a retail space located at 5 East 111th Street in Harlem, Manhattan. This space has a total square footage of 1,838 and is part of a modified gross lease agreement with an asking rent of $58 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $58/ft
  • Square Footage: 1,838
  • Address: 5 East 111th Street
  • Market: Harlem, Manhattan
  • Landlord: Rodney Propp - Tahl Propp Equities
  • Tenant: Agile Learning Center
  • Landlord's Representative: Noam Aziz & Cory Rywalt - Meridian Capital Group
  • Tenant's Representative: Ravi Idnani - Newmark
  • Lease Type: Modified Gross Lease

This transaction involves key individuals and companies including Rodney Propp representing Tahl Propp Equities as the landlord, and Agile Learning Center as the tenant. Noam Aziz and Cory Rywalt from Meridian Capital Group represented the landlord, while Ravi Idnani from Newmark represented the tenant in this deal.

Players

Ravi Idnani
66 deals$3M volume(212) 916-2938
BROKER



Newmark
BROKERAGE

Details

LEASED
IMAGE: Cory Rywalt, Noam Aziz & Ravi Idnani DATE: 7/24/2025 ADDRESS: 5 East 111th Street MARKET: Harlem, Manhattan ASSET TYPE: Retail LANDLORD: Rodney Propp - Tahl Propp Equities TENANT: Agile Learning Center (@AgileLearningCenterNYC) LANDLORD'S REP: Noam Aziz (@NoamAziz) & Cory Rywalt (@LeasingNYCRetail) - Meridian Capital Group (@Meridian_Retail_Leasing) TENANT'S REP: Ravi Idnani - Newmark (@Newmark) ASKING RENT: $58/ft ~ SF: 1,838 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$123,810.91

Total Lease Value

$1,238,109.05

Net Landlord Cash Flow$123,810.91