facebook
Traded Co logo
Submit

Napoli Pizza Leases Retail Space At 876 Lexington Ave On Upper East Side

Property Image
LEASED
$150
David Sabbagh
David Green
+ 2

New York

See Similar Deals
Retail1,400 SF
Leased 10/24/2023
the dealplayerscompscontact
Property Image
LEASED

Napoli Pizza Leases Retail Space At 876 Lexington Ave On Upper East Side

876 Lexington Avenue

See Similar Deals
Retail1,400 SF
Leased 10/24/2023
David Sabbagh
David Green
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$150
Total Square Footage:1,400 SF
Transaction Type:Lease

Located at 876 Lexington Ave in the desirable Upper East Side market, a retail property has recently been leased. The property spans 1,400 square feet and was leased through a Ground Lease agreement. The asset is now occupied by Napoli Pizza, a well-known tenant in the area.

Summary of transaction details

In this transaction, the landlord, Jeffrey Stern of Harlington Realty Co, successfully leased the retail property to Napoli Pizza. The leasing process was facilitated by a team of brokers including Albert Manopla, Jack Khaski, David Sabbagh, David Green, and Jack Mishaan from KSR. The deal was finalized through a Ground Lease, providing long-term occupancy for the tenant.

Players

Albert Manopla
82 deals$4.3M volume(212) 380-8369
BROKER


David Green
Kassin Sabbagh Realty
176 deals$447M volume(516) 320-0260
BROKER

Jack Khaski
Kassin Sabbagh Realty
43 deals$4.3M volume
BROKER

Details

LEASED
IMAGE: Albert Manopla, Jack Khaski, David Sabbagh & David Green DATE: 10/24/2023 ADDRESS: 876 Lexington Ave MARKET: Upper East Side ASSET TYPE: Retail LANDLORD: Jeffrey Stern - Harlington Realty Co TENANT: Napoli Pizza BROKERS: Albert Manopla (@AlbertJManopla), Jack Khaski (@JackKhaski), David Sabbagh (@DSabbagh1), David Green (@DavidstGreen) & Jack Mishaan (@JackMishaan) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $150/ft ~ SF: 1,400 LEASE TYPE: Ground Lease

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
Effective Rent (Annual)

$240,741.47

Total Lease Value

$2,407,414.66

Net Landlord Cash Flow$240,741.47