Champion Pizza Leases Retail Space In Bed Stuy Building Owned By Eddie Mizrachi & Soly A. Bawabeh
LEASED
$80
New York
See Similar DealsRetail1,800 SF
Leased 07/18/2023
LEASED
Champion Pizza Leases Retail Space In Bed Stuy Building Owned By Eddie Mizrachi & Soly A. Bawabeh
1196 Fulton St Brooklyn, NY 11216, USA
See Similar DealsRetail1,800 SF
Leased 07/18/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$80
Total Square Footage:1,800 SF
Transaction Type:Lease
The property involved in this lease transaction is a retail space located at 1196 Fulton Street in the Bed Stuy market. The space spans approximately 1,800 square feet and has an asking rent of $80 per square foot. The lease term for this property is 10 years.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $80/ft
- Square Footage: 1,800
- Lease Term: 10 years
- Address: 1196 Fulton Street
- Market: Bed Stuy
Eddie Mizrachi and Soly A. Bawabeh are the landlords of this retail space. The tenant who will be occupying the space is Champion Pizza. Representing the landlord in this lease transaction is Josh Augenbaum from Augenbaum Realty.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$165,079.86
Total Lease Value
$1,650,798.62
Net Landlord Cash Flow$165,079.86
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