A&H Acquisitions Leases 45000 Square Feet To Tenant Represented By Clifford Simon In Brooklyn
LEASED
New York
See Similar DealsRetail45,000 SF
Leased 09/23/2020
LEASED
A&H Acquisitions Leases 45000 Square Feet To Tenant Represented By Clifford Simon In Brooklyn
1007 Flatbush Ave, Brooklyn, NY, 11226
See Similar DealsRetail45,000 SF
Leased 09/23/2020
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:45,000 SF
Transaction Type:Lease
The property leased is located at 1007 Flatbush Ave, Brooklyn, NY, 11226. This asset encompasses 45,000 square feet and is part of the Brooklyn market. The space was previously occupied by Staples and 24-Hour Fitness, situated within Flatbush Center.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant's Representative: Clifford Simon
- Tenant: Burlington Coat Factory
- Landlord: A&H Acquisitions
- Square Feet: 45,000
Clifford Simon, representing Burlington Coat Factory from CNS Real Estate, facilitated this transaction. A&H Acquisitions, led by Marcelo Klajnbart from ACHS Management, serves as the landlord for this leased space. Burlington Coat Factory intends to utilize this new location for year-end holiday sales.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,579,372.85
Total Lease Value
$25,793,728.45
Net Landlord Cash Flow$2,579,372.85
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