Feras Qassis Leases Retail Space At 514 3rd Avenue To Leslie With Meridian Capital Group
LEASED
$193
+ 1
New York
See Similar DealsRetail1,550 SF
Leased 05/02/2025
LEASED
Feras Qassis Leases Retail Space At 514 3rd Avenue To Leslie With Meridian Capital Group
514 3rd Avenue
See Similar DealsRetail1,550 SF
Leased 05/02/2025
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$193
Total Square Footage:1,550 SF
Transaction Type:Lease
This retail lease transaction occurred at 514 3rd Avenue in the Murray Hill market. The asking rent was set at $193 per square foot with a total area of 1,550 square feet. The lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $193/ft
- Lease Type: Modified Gross Lease
- Landlord: Feras Qassis
- Tenant: Leslie
- Landlord's Representative: James Famularo & Bobby Ortense - Meridian Capital Group
- Tenant's Representative: Garrett Kelly & Cole Kleppinger - Meridian Capital Group
The transaction involved notable representatives from Meridian Capital Group, with James Famularo and Bobby Ortense representing the landlord, while Garrett Kelly and Cole Kleppinger represented the tenant. Their involvement underscores a professional representation in securing the lease agreement.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$343,919.25
Total Lease Value
$3,439,192.45
Net Landlord Cash Flow$343,919.25
Is there something missing? Send suggestions