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Nudie Jeans Leases Retail Space At 116 Bedford Avenue In Williamsburg, Brooklyn

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LEASED
$125

New York

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Mixed-use2,300 SF
Leased 05/31/2022
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Property Image
LEASED

Nudie Jeans Leases Retail Space At 116 Bedford Avenue In Williamsburg, Brooklyn

116 Bedford Avenue

See Similar Deals
Mixed-use2,300 SF
Leased 05/31/2022
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$125
Total Square Footage:2,300 SF
Transaction Type:Lease

Located at 116 Bedford Avenue in Williamsburg BK, the property is a 2,300 SF retail space leased by Nudie Jeans from landlord 1193 Bergen LLC. The lease was signed on 05/31/2022 at a rate of $125 PSF.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Applicable
  • Tenant: Nudie Jeans
  • Landlord: 1193 Bergen LLC
  • Address: 116 Bedford Avenue
  • Market: Williamsburg BK
  • Broker: Jeff Zheng, Kevin West - Meridian Capital Group
  • Rent/SF: $125 PSF
  • Square Feet: 2,300 SF

Jeff Zheng and Kevin West, representing Meridian Capital Group, facilitated the leasing deal between Nudie Jeans and landlord 1193 Bergen LLC for the retail space located at 116 Bedford Avenue. The transaction, completed on 05/31/2022, showcased their expertise in the Williamsburg BK market.

Players

Jeff Zheng
11 deals$90.9M volume
BROKER

Kevin West
Raven Property Advisors
8 deals$9.2M volume(917) 602-0050
BROKER

Details

LEASED
IMAGE: Jeff Zheng & Kevin West DATE: 05/31/2022 ADDRESS: 116 Bedford Avenue MARKET: Williamsburg ASSET TYPE: Retail TENANT: Nudie Jeans BROKERS: Jeff Zheng (@Jzh256) & Kevin West - Meridian Retail Leasing (@Meridian_Retail_Leasing) ASKING RENT: $125/ft. ~ SF: 2,300

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Deal Type
Effective Rent (Annual)

$329,586.53

Total Lease Value

$3,295,865.30

Net Landlord Cash Flow$329,586.53