Fellini Coffee Leases Retail Space At 135 East 63rd Street For $200 Per Foot

The asset involved in this transaction is a retail property located at 135 East 63rd Street in the Upper East Side market. The property has a total square footage of 600 and is under a single net lease. The asking rent for this space is $200 per square foot.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $120,000
• Asking Rent: $200/ft
• Square Footage: 600
• Address: 135 East 63rd Street
• Market: Upper East Side
• Landlord: Jeffery Cheng
• Tenant: Fellini Coffee
• Landlord's Representative: James Famularo & Jacob Mayer - Meridian Capital Group
• Tenant's Representative: Noam Aziz & Carson Shahrabani - Meridian Capital Group

This transaction involved key individuals and companies. The landlord, Jeffery Cheng, partnered with representatives James Famularo and Jacob Mayer from Meridian Capital Group, who represented him in the lease agreement. On the tenant's side, Fellini Coffee was represented by Noam Aziz and Carson Shahrabani, also associated with Meridian Capital Group, highlighting the involvement of the same firm on both sides of the deal.