H Mart Acquires Upper East Side Condo for New Outpost

The Upper East Side will be adding a new specialty grocery market, H Mart will be opening in an approximately 8,500-square-foot space at 223 East 86th Street, having acquired the retail condo at the base of a 13-story residential building for $8.7 million, or about $1,024 per square foot mid-December 2022. Expected to open mid-year, following capital improvements and finalization of the project, the Korean-American grocery chain currently operates at least 10 stores in New York City, including the recent opening at 48-18 Northern Boulevard in Long Island City, H Mart having secured a 15-year lease in October 2022 for the roughly 65,000-square-foot former Stop & Shop store.

Source:    https://therealdeal.com/2023/01/12/grocery-chain-h-mart-to-open-upper-east-side-location/