Michael Cohen Leases Retail Space To Shashlik House At 1273 Coney Island Avenue In Brooklyn

The property asset involved in this transaction is situated at 1273 Coney Island Avenue in Brooklyn, offering 6,000 square feet of retail space. The asking rent for this property was set at $48 per square foot, and it is secured under a 10-year NNN lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $48/ft
• Lease Term: 10 Years
• Lease Type: NNN Lease
• Landlord: Michael Cohen
• Tenant: Shashlik House
• Broker: Samuel Shouela - Tri State Commercial Realty

Key individuals involved in the deal include landlord Michael Cohen, who successfully leased the property, and tenant Shashlik House, acquiring retail space. The transaction was facilitated by broker Samuel Shouela representing the landlord in this agreement.