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Yummy Picks Leases Retail Space At 101 Smith Street In Brooklyn Through Josh Sarraf And Aric Trakhtenberg

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LEASED
$200

New York

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Retail600 SF
Leased 11/26/2024
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Property Image
LEASED

Yummy Picks Leases Retail Space At 101 Smith Street In Brooklyn Through Josh Sarraf And Aric Trakhtenberg

101 Smith Street

See Similar Deals
Retail600 SF
Leased 11/26/2024
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$200
Total Square Footage:600 SF
Transaction Type:Lease

The retail property located at 101 Smith Street in Brooklyn has a square footage of 600. The asset is now leased to Yummy Picks at an asking rent of $200 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $120,000
  • Landlord: BFC Partners
  • Tenant: Yummy Picks
  • Landlord's Representative: Aric Trakhtenberg - Newmark
  • Tenant's Representative: Josh Sarraf - ARA
  • Lease Type: Retail Lease

Aric Trakhtenberg represents BFC Partners in this transaction, while Josh Sarraf represents Yummy Picks. The lease arrangement reflects a strategic partnership between the landlord and tenant, emphasizing the collaborative nature of this retail deal.

Players

Aric Trakhtenberg
50 deals$8.3M volume(212) 916-3386
BROKER

Details

LEASED
IMAGE: Josh Sarraf & Aric Trakhtenberg DATE: 11/26/2024 ADDRESS: 101 Smith Street MARKET: Brooklyn ASSET TYPE: Retail LANDLORD: BFC Partners TENANT: Yummy Picks LANDLORD'S REP: Aric Trakhtenberg - Newmark (@Newmark) TENANT'S REP: Josh Sarraf (@JoshSarraf) - ARA (@ARANYC_) ASKING RENT: $200/ft ~ SF: 600 LEASE TYPE: Retail Lease

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Deal Type
Effective Rent (Annual)

$137,566.55

Total Lease Value

$1,375,665.52

Net Landlord Cash Flow$137,566.55