1128 Third Ave

Manhattan, NY

Location: Manhattan
Neighborhood: Upper East Side
Status: Realized
Acquisition Date: May 2010
Date Sold: January 2014
Asset Type: Neighborhood Street
Tenant(s): Starbucks
Gross Square Footage: 5,400

This 4-story, mixed-use, prime corner building on NYC’s Upper East Side was fully-occupied at acquisition. L3 successfully renewed Starbuck’s lease for an additional 10-years at market rent and maintained 100% occupancy throughout the hold period.

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