Premium Sweets Bakery Leases Retail Space At 1199 Liberty Avenue In East New York
LEASED
$75
New York
See Similar DealsRetail1,600 SF
Leased 11/01/2024
LEASED
Premium Sweets Bakery Leases Retail Space At 1199 Liberty Avenue In East New York
1199 Liberty Avenue
See Similar DealsRetail1,600 SF
Leased 11/01/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$75
Total Square Footage:1,600 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 1199 Liberty Avenue in the East New York market. The asking rent for the space is $75 per square foot, and it has a total area of 1,600 square feet. The lease type is categorized as a retail lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $75/ft
- Square Footage: 1,600
- Address: 1199 Liberty Avenue
- Market: East New York
- Landlord: Maverick Management
- Tenant: Premium Sweets Bakery
- Brokers: Solomon Sharaby & Ezra Falack - KSR
The brokers involved in this transaction, Solomon Sharaby and Ezra Falack, represent KSR. They played a key role in facilitating the lease agreement between Maverick Management, the landlord, and Premium Sweets Bakery, the tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$137,566.55
Total Lease Value
$1,375,665.52
Net Landlord Cash Flow$137,566.55
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