Fushimi NYC Signs Lease At 71 4th Avenue In East Village With Landlord Frank Lapera

The property asset involved in the transaction is a retail space located at 71 4th Avenue in the East Village, Manhattan. The leasing arrangement was negotiated at an asking rent of $248 per square foot, covering a total area of 1,450 square feet. This asset is classified under a Modified Gross Lease type.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $248/ft
• Address: 71 4th Avenue
• Market: East Village, Manhattan
• Landlord: Frank Lapera
• Tenant: Fushimi NYC
• Lease Type: Modified Gross Lease
• Broker Representatives: James Famularo, Garrett Kelly, & Justin Bustamante - Meridian Capital Group

This deal was facilitated by the brokerage team consisting of James Famularo, Garrett Kelly, and Justin Bustamante from Meridian Capital Group, representing the landlord, Frank Lapera, in the transaction with the tenant, Fushimi NYC.