Theradynamics Rehab Management Leases Retail Space On Fulton St. In Bedford-Stuyvesant
LEASED
National
See Similar DealsRetail9,841 SF
Leased 09/22/2022
LEASED
Theradynamics Rehab Management Leases Retail Space On Fulton St. In Bedford-Stuyvesant
1618-1620 Fulton St - The Garnet
See Similar DealsRetail9,841 SF
Leased 09/22/2022
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
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$507,672.16
Total Lease Value
$5,076,721.63
Net Landlord Cash Flow$507,672.16
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