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Stony Pine Adult Day Care Leases Mixed-Use Space At 1499 Bedford Avenue In Brooklyn

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LEASED
$32

New York

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Mixed-use8,000 SF
Leased 05/31/2025
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Property Image
LEASED

Stony Pine Adult Day Care Leases Mixed-Use Space At 1499 Bedford Avenue In Brooklyn

1499 Bedford Avenue

See Similar Deals
Mixed-use8,000 SF
Leased 05/31/2025
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$32
Total Square Footage:8,000 SF
Transaction Type:Lease

The property involved in this transaction is a mixed-use asset located at 1499 Bedford Avenue in Brooklyn. The lease for this property was agreed upon at an asking rent of $32 per square foot, covering a total of 8,000 square feet. The lease term is set for 10 years, under a modified gross lease agreement.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: $32/ft
  • Address: 1499 Bedford Avenue
  • Market: Brooklyn
  • Landlord: Neil Einhorn
  • Tenant: Stony Pine Adult Day Care
  • Broker: Mendel Sears - Tri State Commercial Realty
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease

Key individuals involved in this transaction include Neil Einhorn, who is the landlord, and Stony Pine Adult Day Care, the tenant securing the lease. The deal was facilitated by broker Mendel Sears, representing Tri State Commercial Realty in the transaction.

Players

Mendel Sears
4 deals(845) 367-3370
BROKER

Tri State Commercial Realty
BROKERAGE

Details

LEASED
IMAGE: Mendel Sears DATE: 5/31/2025 ADDRESS: 1499 Bedford Avenue MARKET: Brooklyn ASSET TYPE: Mixed-use LANDLORD: Neil Einhorn TENANT: Stony Pine Adult Day Care BROKER: Mendel Sears (@MendelSears) - Tri State Commercial Realty (@TriStateCommercial) ASKING RENT: $32/ft ~ SF: 8,000 LEASE TERM: 10 Years LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$293,475.31

Total Lease Value

$2,934,753.10

Net Landlord Cash Flow$293,475.31