Bedford Enterprises Leases Mixed-use Space To Ivy Gate Daycare At 272 South 1st Street

The property asset involved in this transaction is a mixed-use building located at 272 South 1st Street in Brooklyn. The lease was negotiated at an asking rent of $40 per square foot, with a total square footage of 5,000 square feet. The transaction is classified as a Modified Gross Lease.

Summary of transation details:

• Property Type: Mixed-use
• Transaction Amount: $200,000
• Landlord: Bedford Enterprises
• Tenant: Ivy Gate Daycare
• Landlord's Representative: Meyer Dagmy, Eddie Mamiye & Isaac Bijou - MOD
• Tenant's Representative: Michelle Abramov & Jacob Aranbaev - Ripco
• Lease Type: Modified Gross Lease
• Lease Date: 12/31/2025

This transaction features key representatives from both the landlord and tenant sides. The landlord was represented by Meyer Dagmy, Eddie Mamiye, and Isaac Bijou from MOD, while the tenant was represented by Michelle Abramov and Jacob Aranbaev from Ripco.