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Shake Shack Leases Retail Space In Bed-Stuy, Brooklyn

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LEASED
Josh Augenbaum
Benjamin "Ben" Weiner
+ 2

New York

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Retail2,800 SF
Leased 12/14/2021
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Property Image
LEASED

Shake Shack Leases Retail Space In Bed-Stuy, Brooklyn

1190 Fulton Street, Brooklyn, New York 11216, United States

See Similar Deals
Retail2,800 SF
Leased 12/14/2021
Josh Augenbaum
Benjamin "Ben" Weiner
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:2,800 SF
Transaction Type:Lease

This retail property located at 1190 Fulton Street in Bedford-Stuyvesant has recently been leased. The transaction took place on December 14, 2021. The asset consists of a 3,000 square foot space. The landlord for this property is Soly A. Bawabeh and Eddie Mizrachi. The tenant who has leased the space is Shake Shack.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 12/14/2021
  • Address: 1190 Fulton Street
  • Market: Bedford-Stuyvesant

In this deal, the leasing was facilitated by Josh Augenbaum from Augenbaum Realty Corp. and Roberto G. Rhett from GoodSpace NYC. The asking rent for this space was $80 per square foot, resulting in a total rent of approximately $240,000. It is worth mentioning that an additional 2,800 square feet of inline space is available for lease in the same luxury rental building, adjacent to Shake Shack.

Contact Josh Augenbaum at [email protected] for more information regarding the available leasing opportunity.

Players

Benjamin "Ben" Weiner
10 deals
BROKER

Josh Augenbaum
Augenbaum Realty
139 deals$652.8M volume(917) 417-7834
BROKER

Roberto G. Rhett
4 deals
BROKER

Eddie Mizrachi
24 deals
LANDLORD

Eddie Mizrachi
24 deals
LANDLORD

Soly A. Bawabeh
23 deals$9.8M volume
LANDLORD

TENANT

Details

LEASED
IMAGE: Josh Augenbaum & Roberto G. Rhett DATE: 12/14/2021 ADDRESS: 1190 Fulton Street MARKET: Bedford-Stuyvesant ASSET TYPE: Retail LANDLORD: Soly A. Bawabeh & Eddie Mizrachi TENANT: @ShakeShack šŸ” šŸ˜‹ šŸŸ BROKERS: Josh Augenbaum (@AugenbaumRealtyNY) - Augenbaum Realty Corp. & Roberto G. Rhett - GoodSpace NYC ASKING RENT: $80/ft. ~ SF: 3,000 NOTE FROM @AugenbaumRealtyNY: Have 2,800sf inline available for lease in this newly built luxury rental building next to Shake Shack, New Subway entrance on corner Bedford & Fulton. šŸ“§ [email protected]

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Deal Type
Effective Rent (Annual)

$160,494.31

Total Lease Value

$1,604,943.10

Net Landlord Cash Flow$160,494.31