Jay Newhouse Leases Retail Space To 541 Food Mart At 541 Malcolm X Boulevard

The property asset involved in this transaction is a retail space located at 541 Malcolm X Boulevard in Central Harlem. The asking rent for this space is $120 per square foot, and it offers a total square footage of 700. The lease type for this transaction is a modified gross lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $120/ft
• Lease Type: Modified Gross Lease
• Landlord: Jay Newhouse
• Tenant: 541 Food Mart
• Broker Representatives: Noam Aziz & Dane Harlowe - Meridian Capital Group

Noam Aziz and Dane Harlowe, representing Meridian Capital Group, played key roles in facilitating the lease agreement for the retail property. Their involvement was essential in connecting the landlord, Jay Newhouse, with the tenant, 541 Food Mart, successfully completing the transaction.