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Theradynamics Rehab Management Leases Retail Space On Fulton St. In Bedford-Stuyvesant

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LEASED
Marc Frankel
Mark Gallucci
+ 2

National

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Retail9,841 SF
Leased 09/22/2022
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Property Image
LEASED

Theradynamics Rehab Management Leases Retail Space On Fulton St. In Bedford-Stuyvesant

1618-1620 Fulton St - The Garnet

See Similar Deals
Retail9,841 SF
Leased 09/22/2022
Marc Frankel
Mark Gallucci
+ 2
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Summary

Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:9,841 SF
Transaction Type:Lease

The retail property located at 1618-1620 Fulton St. in Bedford-Stuyvesant has been leased. The landlord, BFC PARTNERS, was represented by Aric Trakhtenberg, Marc Frankel, and Jeffrey Roseman from Newmark. The tenant, Theradynamics Rehab Management, was represented by George Skaliarinis and Mark Gallucci from KSR. The lease deal was finalized on September 22, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: September 22, 2022
  • Address: 1618-1620 Fulton St.
  • Market: Bedford-Stuyvesant
  • Landlord: BFC PARTNERS - Matthew Stewart
  • Tenant: Theradynamics Rehab Management
  • Tenant's Rep: George Skaliarinis & Mark Gallucci - KSR
  • Landlord's Rep: Aric Trakhtenberg, Marc Frankel & Jeffrey Roseman - Newmark
  • Asking Rent: $45/ft.
  • Square Footage: 9,841 SF

The lease was secured at an asking rent of $45 per square foot for a total area of 9,841 square feet.

Players

Aric Trakhtenberg
50 deals$8.3M volume(212) 916-3386
BROKER

George Skaliarinis
Kassin Sabbagh Realty
53 deals$7M volume
BROKER

Mark Gallucci
Kassin Sabbagh Realty
19 deals$4.8M volume
BROKER


Jeffrey Roseman
Newmark
10 deals
BROKER

BFC PARTNERS
LANDLORD

Details

LEASED
IMAGE: Aric Trakhtenberg, Marc Frankel & Jeffrey Roseman DATE: 09/22/2022 ADDRESS: 1618-1620 Fulton St. MARKET: Bedford-Stuyvesant ASSET TYPE: Retail LANDLORD: BFC PARTNERS - Matthew Stewart TENANT: Theradynamics Rehab Management TENANT'S REP: George Skaliarinis & Mark Gallucci - KSR (@Kassin_Sabbagh_Realty) LANDLORD'S REP: Aric Trakhtenberg, Marc Frankel & Jeffrey Roseman - Newmark ASKING RENT: $45/ft. ~ SF: 9,841

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Deal Type
Effective Rent (Annual)

$507,672.16

Total Lease Value

$5,076,721.63

Net Landlord Cash Flow$507,672.16