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Jonathan Arnold Of Whitebox Properties Represents Tenant In Retail Lease Deal At 1217 Bedford Avenue, Bedford-Stuyvesant. Landlord Represented By John Le Vine Of EXR. Asking Rent $65/ft

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LEASED
John LeVine
Jonathan Arnold

New York

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Retail5,265 SF
Leased 09/03/2021
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Property Image
LEASED

Jonathan Arnold Of Whitebox Properties Represents Tenant In Retail Lease Deal At 1217 Bedford Avenue, Bedford-Stuyvesant. Landlord Represented By John Le Vine Of EXR. Asking Rent $65/ft

1217 Bedford Avenue, Bedford-Stuyvesant, Brooklyn, NY, USA

See Similar Deals
Retail5,265 SF
Leased 09/03/2021
John LeVine
Jonathan Arnold
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:5,265 SF
Transaction Type:Lease

The retail property located at 1217 Bedford Avenue in Bedford-Stuyvesant, Brooklyn has been leased. The transaction took place on 09/03/2021. The property, spanning 5,265 square feet, was leased for an asking rent of $65 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Date: 09/03/2021
  • Address: 1217 Bedford Avenue, Bedford-Stuyvesant, Brooklyn
  • Asking Rent: $65/ft.
  • SF: 5,265

The landlord in this transaction is Rubin Equities, represented by John Le Vine from EXR. The tenant, represented by Jonathan Arnold from Whitebox Properties, successfully negotiated the lease. It is worth noting that this lease is part of the AvonHall.NYC commercial new development led by developer Rubin Equities. The development is located in the heart of Central Brooklyn and offers retail, creative studios, and office space. For more details, visit https://www.avonhall.nyc.

Players

John LeVine
EXR
John LeVine
42 deals$50.6M volume
BROKER
Jonathan Arnold
Whitebox Properties
Jonathan Arnold
1 deal(732) 997-7173
BROKER
RE
Rubin Equities
LANDLORD

Details

LEASED
IMAGE: John Le Vine & Jonathan Arnold DATE: 09/03/2021 ADDRESS: 1217 Bedford Avenue MARKET: Bedford-Stuyvesant ASSET TYPE: Retail LANDLORD: Rubin Equities (@RubinEquities) LANDLORD'S REP: John Le Vine (@IAmJohnLevine) - EXR (@EXRNY) TENANT'S REP: Jonathan Arnold (@JArnold45) - Whitebox Properties (@WhiteboxProperties) ASKING RENT: $65/ft. ~ SF: 5,265 NOTE FROM @EXRNY: @AvonHall.NYC is a commercial new development in the heart of Central Brooklyn featuring retail, creative studios, & office space from developer @RubinEquities. @IAmJohnLeVine of @EXRNY represented the landlord asking $65 PSF & @JArnold45 of @WhiteboxProperties represented the tenant. Visit https://www.avonhall.nyc for more details.

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Deal Type
Effective Rent (Annual)

$301,786.62

Total Lease Value

$3,017,866.23

Net Landlord Cash Flow$301,786.62