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Delight Bazar Supermarket Leases Mixed-Use Space At 1041 Coney Island Avenue In New York City

Property Image
LEASED
$70
Meyer Dagmy

New York

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Mixed-use6,500 SF
Leased 07/20/2023
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Property Image
LEASED

Delight Bazar Supermarket Leases Mixed-Use Space At 1041 Coney Island Avenue In New York City

1041 Coney Island Ave Brooklyn, NY 11230, USA

See Similar Deals
Mixed-use6,500 SF
Leased 07/20/2023
Meyer Dagmy
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$70
Total Square Footage:6,500 SF
Transaction Type:Lease

The property involved in this lease transaction is a mixed-use asset located at 1041 Coney Island Avenue in New York City. The property is owned by the Israel Family and the tenant is Delight Bazar Supermarket. The landlord's representative in this deal is Meyer Dagmy from MOD, while the tenant is represented by Raj Whadwa from KK Capital. The lease was finalized on 07/20/2023.

Summary of Transaction Details

  • Property Type: Mixed-Use
  • Asking Rent: $70/ft ~ SF: 6,500
  • Address: 1041 Coney Island Avenue
  • Market: New York City

Raj Whadwa from KK Capital played a crucial role as the tenant's representative in securing the lease agreement. Meyer Dagmy, the landlord's representative from MOD, negotiated the terms on behalf of the Israel Family. The asking rent for the property was $70 per square foot, with a total area of 6,500 square feet. The location of the property on Coney Island Avenue in New York City adds to its desirability.

Players

Raj Whadwa
22 deals$129.4M volume(516) 316-0722
BROKER

Meyer Dagmy
MOD
87 deals$5.5M volume(718) 249-3613
BROKER

Details

LEASED
IMAGE: Meyer Dagmy DATE: 07/20/2023 ADDRESS: 1041 Coney Island Avenue MARKET: New York City ASSET TYPE: Mixed-Use LANDLORD: Israel Family TENANT: Delight Bazar Supermarket LANDLORD'S REP: Meyer Dagmy - MOD (@MOD_CRE) TENANT'S REP: Raj Whadwa - KK Capital ASKING RENT: $70/ft ~ SF: 6,500

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Deal Type
Effective Rent (Annual)

$521,606.51

Total Lease Value

$5,216,065.09

Net Landlord Cash Flow$521,606.51