125th Nail Bar Inc Signs 15-Year Lease At 51-55 East 125th Street In New York City

The retail property located at 51-55 East 125th Street in New York City has been leased in a transaction facilitated by Joey Kafif of Safdie Realty Group. The property is owned by Israeli Family Holdings and the tenant is 125th Nail Bar Inc. The lease term is set for 15 years with an asking rent of $125 per square foot. The space spans 3,000 square feet, providing ample room for a retail business to thrive in this bustling market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Lease
• Address: 51-55 East 125th Street
• Market: New York City
• Landlord: Israeli Family Holdings
• Tenant: 125th Nail Bar Inc
• Broker: Joey Kafif - Safdie Realty Group
• Asking Rent: $125 per square foot
• Size: 3,000 square feet
• Lease Term: 15 years

This lease transaction exemplifies the successful collaboration between the property owner, Israeli Family Holdings, and the tenant, 125th Nail Bar Inc. Both parties have come to an agreement for a long-term lease, securing a favorable rental rate in the popular market of New York City. Joey Kafif of Safdie Realty Group played a pivotal role in facilitating this deal, representing the tenant's interests throughout the negotiation process.