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USPS Leases Retail Space In Brighton Beach, Brooklyn

Property Image
LEASED
$40
Denis Abayev
James Ferrigno
+ 1

New York

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Retail30,000 SF
Leased 12/01/2023
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Property Image
LEASED

USPS Leases Retail Space In Brighton Beach, Brooklyn

100 Neptune Avenue

See Similar Deals
Retail30,000 SF
Leased 12/01/2023
Denis Abayev
James Ferrigno
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$40
Total Square Footage:30,000 SF
Transaction Type:Lease

The retail property located at 100 Neptune Avenue in Brighton Beach, Brooklyn has been recently leased. The property spans 30,000 square feet and is owned by Arthur Vayner. The tenant for this lease is USPS. The deal was facilitated by brokers Denis Abayev, James Ferrigno, and Jeremy Liebler from JLL. The lease for the property is a double net lease, with an asking rent of $40 per square foot.

Summary of Transaction Details

  • Property Type: Retail
  • Address: 100 Neptune Avenue
  • Market: Brighton Beach, Brooklyn
  • Landlord: Arthur Vayner
  • Tenant: USPS
  • Brokers: Denis Abayev, James Ferrigno, and Jeremy Liebler - JLL
  • Asking Rent: $40/ft
  • Square Footage: 30,000
  • Lease Type: Double Net Lease

The brokers from JLL played a crucial role in facilitating the lease between Arthur Vayner, the landlord, and USPS, the tenant. Their expertise in the market and negotiation skills contributed to the successful conclusion of the deal.

Players

Denis Abayev
22 deals$33.9M volume
BROKER

Jeremy Liebler
JLL
2 deals$45M volume
BROKER


Details

LEASED
IMAGE: Denis Abayev, James Ferrigno & Jeremy Liebler DATE: 12/01/2023 ADDRESS: 100 Neptune Avenue MARKET: Brighton Beach, Brooklyn ASSET TYPE: Retail LANDLORD: Arthur Vayner TENANT: USPS BROKERS: Denis Abayev (@Denis_Abayev), James Ferrigno & Jeremy Liebler - JLL (@JLL) ASKING RENT: $40/ft ~ SF: 30,000 LEASE TYPE: Double Net Lease

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Deal Type
Effective Rent (Annual)

$1,375,665.52

Total Lease Value

$13,756,655.17

Net Landlord Cash Flow$1,375,665.52