Lower Level Office Space Leased In East Harlem To New Tenant For $4,950 Monthly

This retail lease transaction involves a property located at 315 East 105th Street in Harlem, Manhattan. The space encompasses 2,200 square feet and has an asking rent of $27 per square foot, leading to a monthly rent of $4,950. The lease term is set for 5 years, and it operates under a retail lease type.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,950/month
• Lease Term: 5 Years
• Address: 315 East 105th Street, Harlem, Manhattan
• Landlord's Representative: Malcolm Louis Adams & Thomas Wright - Compass
• Square Footage: 2,200 SF

The leasing opportunity was facilitated by the landlord's representatives Malcolm Louis Adams and Thomas Wright from Compass. The property, built in 2004, features modern design elements and includes a private entrance with an available elevator for enhanced accessibility. The location is near the commercial corridor along 3rd Avenue and is conveniently close to the 103rd Street Stop for the 4/5/6 trains, ensuring easy commuting.