Gorillas Signs 10-Year Lease For Retail Space On Fulton Street
LEASED
+ 1
New York
See Similar DealsRetail3,600 SF
Leased 11/23/2021
LEASED
Gorillas Signs 10-Year Lease For Retail Space On Fulton Street
1194 Fulton Street, Brooklyn, NY, USA
See Similar DealsRetail3,600 SF
Leased 11/23/2021
+ 1
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:3,600 SF
Transaction Type:Lease
The retail property located at 1194-1196 Fulton Street in Bedford-Stuyvesant has been leased. The lease was finalized on November 23, 2021, with a term of 10 years. The property spans 3,600 square feet and the asking rent was $60 per square foot.
Summary of transation details
- Property Type: Retail
- Transaction Date: 11/23/2021
- Address: 1194-1196 Fulton Street
- Market: Bedford-Stuyvesant
- Asking Rent: $60/ft.
- Square Footage: 3,600
- Lease Term: 10 Years
The landlord for this retail property is Soly A. Bawabeh & Eddie Mizrachi, represented by Josh Augenbaum of Augenbaum Realty Corp. The tenant is Gorillas, who was represented by Alex Beard of Ripco Real Estate.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$206,349.83
Total Lease Value
$2,063,498.28
Net Landlord Cash Flow$206,349.83
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