Fay's Shawarma Signs Lease At 2234 Adam Clayton Powell Junior Boulevard In Central Harlem
LEASED
$66
New York
See Similar DealsRetail1,100 SF
Leased 09/25/2024
LEASED
Fay's Shawarma Signs Lease At 2234 Adam Clayton Powell Junior Boulevard In Central Harlem
2234 Adam Clayton Powell Junior Boulevard
See Similar DealsRetail1,100 SF
Leased 09/25/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$66
Total Square Footage:1,100 SF
Transaction Type:Lease
The property asset involved in the transaction is a retail space located at 2234 Adam Clayton Powell Junior Boulevard in Central Harlem. The space consists of approximately 1,100 square feet and is leased under a Modified Gross Lease agreement. The asking rent for this property was $66 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $73,600
- Landlord: Black Spruce Management
- Tenant: Fay's Shawarma
- Landlord's Representative: Aryeh Vilinsky - BH Realty
- Tenant's Representative: Justin Kamali - J3K Real Estate
The deal was facilitated with representation from Aryeh Vilinsky representing the landlord and Justin Kamali representing the tenant, showcasing the collaboration between the involved parties to finalize the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$83,227.76
Total Lease Value
$832,277.64
Net Landlord Cash Flow$83,227.76
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