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Carvel Cinnabon Leases Retail Space In Bed Stuy At 1194 Fulton Street With Landlord's Rep Josh Augenbaum - Augenbaum Realty And Tenant's Rep Frank Dasaro - Global Realty Services USA

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LEASED
$80
Frank Dasaro
Eddie Mizrachi
+ 1

New York

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Retail1,400 SF
Leased 06/09/2023
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Property Image
LEASED

Carvel Cinnabon Leases Retail Space In Bed Stuy At 1194 Fulton Street With Landlord's Rep Josh Augenbaum - Augenbaum Realty And Tenant's Rep Frank Dasaro - Global Realty Services USA

1194 Fulton St Brooklyn, NY 11216, USA

See Similar Deals
Retail1,400 SF
Leased 06/09/2023
Frank Dasaro
Eddie Mizrachi
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$80
Total Square Footage:1,400 SF
Transaction Type:Lease

The recently closed lease transaction in Bed Stuy involved a retail property located at 1194 Fulton Street. The property spans 1,400 square feet and was leased by Carvel Cinnabon, who was represented by Frank Dasaro from Global Realty Services USA. The lease term agreed upon was for 10 years. The landlord of the property is Eddie Mizrachi & Soly A. Bawabeh, and they were represented by Josh Augenbaum from Augenbaum Realty. The asking rent for the space was $80 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Applicable
  • Address: 1194 Fulton Street
  • Market: Bed Stuy
  • Tenant: Carvel Cinnabon
  • Landlord: Eddie Mizrachi & Soly A. Bawabeh
  • Asking Rent: $80/ft
  • Lease Term: 10 years

Josh Augenbaum from Augenbaum Realty represented the landlord, and Frank Dasaro from Global Realty Services USA represented Carvel Cinnabon in this lease deal. This transaction signifies a successful agreement between the property's owner and the tenant, with both parties being represented by experienced professionals in the real estate industry.

Players

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


Eddie Mizrachi
24 deals
LANDLORD

Eddie Mizrachi
24 deals
LANDLORD

Soly A. Bawabeh
23 deals$9.8M volume
LANDLORD

Details

LEASED
IMAGE: Josh Augenbaum DATE: 06/09/2023 ADDRESS: 1194 Fulton Street MARKET: Bed Stuy ASSET TYPE: Retail LANDLORD: Eddie Mizrachi & Soly A. Bawabeh TENANT: Carvel Cinnabon LANDLORD'S REP: Josh Augenbaum - Augenbaum Realty (@AugenbaumRealtyNY) TENANT'S REP: Frank Dasaro - Global Realty Services USA ASKING RENT: $80/ft ~ SF: 1,400 LEASE TERM: 10 years

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Deal Type
Effective Rent (Annual)

$128,395.45

Total Lease Value

$1,283,954.48

Net Landlord Cash Flow$128,395.45