Bon Vivant Leases Retail Space At 1325 Fifth Avenue Manhattan For $80 Per Square Foot

The property asset involved in this lease transaction is a retail space located at 1325 Fifth Avenue in Manhattan. The asking rent for this property is $80 per square foot, with a total area of 2,350 square feet, making it suitable for retail use in a prime location.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $188,000
• Address: 1325 Fifth Avenue
• Market: Manhattan
• Landlord: Rodney Propp
• Tenant: Bon Vivant
• Landlord's Representative: Noam Aziz - Meridian Capital Group & Jason Berisha - Meridian Retail Leasing
• Tenant's Representative: Danjel Velaj - Meridian Capital Group
• Lease Type: Retail Lease

The deal involves key participation from Rodney Propp representing the landlord and Bon Vivant as the tenant. The negotiations were facilitated by Noam Aziz and Jason Berisha of Meridian Capital Group and Meridian Retail Leasing, alongside Danjel Velaj also from Meridian Capital Group advocating for the tenant.