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Shopping Centers
Posted: January 24, 2017
Tergesen of ABS brokers $1.1 million retail condo sale at 151 Lenox Avenue, Harlem
151 Lenox Avenue - Manhattan, NYManhattan, NY ABS has brokered the sale of a $1.1 million retail condo in Harlem. The sale of the 1,326 s/f space, which is leased by Harlem Coffee Company, points to the heightened interest in the real estate market in Harlem, especially among local restaurants and cafés.
Mark Tergesen, ABS PartnersThe space at 151 Lenox Ave., which sits between West 117th and 118th Sts., is comprised of 976 s/f on the ground floor and 350 s/f on the lower level. The storefront was leased by Harlem Coffee Company and will serve as the brand’s flagship retail location when it opens early this year. Mark Tergesen of ABS Partners Real Estate represented the seller in the transaction, 151 Lenox, LLC. The buyer of the retail condo was 151 Malcom X LLC., a local investor.
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Shopping Centers
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