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30-Minute Hit Leases Retail Space At 1290 Fulton Street In Bed-Stuy

Property Image
LEASED
$50
Steven Hakakian
Baruch Edelkopf
+ 1

New York

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Retail2,061 SF
Leased
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Property Image
LEASED

30-Minute Hit Leases Retail Space At 1290 Fulton Street In Bed-Stuy

1290 Fulton Street, Brooklyn, New York 11216, United States

See Similar Deals
Retail2,061 SF
Leased
Steven Hakakian
Baruch Edelkopf
+ 1
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:2061 SF
Transaction Type:Lease

Located in Bed-Stuy, the retail property at 1290 Fulton Street has been leased to 30-Minute Hit. The property spans 2,061 square feet and was leased for an asking rent of $50 per square foot.

Summary of transaction details

This lease transaction was facilitated by Steven Hakakian and Baruch Edelkopf from Schuckman Realty, serving as the landlord's representatives. Meanwhile, the tenant was represented by Sean Young. It is worth noting that this lease is the third at the location, following the previous leases with Payomatic and a local juice bar. Schuckman Realty's Investment Sales team had previously sold the building to the current ownership on 12/15/2021.

Stay tuned for more exciting lease announcements from Schuckman Realty in the near future!

Players

Baruch Edelkopf
27 deals$110.7M volume(646) 919-2446
BROKER

Steven Hakakian
Schuckman Realty
13 deals$27.8M volume(845) 596-5183
BROKER

Sean Young
Sabre Real Estate Group
3 deals
BROKER


10 deals$63.5M volume
LANDLORD

TENANT

Details

LEASED
IMAGE: Steven Hakakian & Baruch Edelkopf DATE: 09/12/2022 ADDRESS: 1290 Fulton Street MARKET: Bed-Stuy ASSET TYPE: Retail LANDLORD: Joel Jacob TENANT: 30-Minute Hit LANDLORD'S REP: Steven Hakakian (@Stevenhakakian) & Baruch Edelkopf (@Emh8212) - Schuckman Realty (@SchuckmanRealty) TENANT'S REP: Sean Young ASKING RENT: $50/ft. ~ SF: 2,061 NOTE FROM BROKER: Schuckman Realty is pleased to announce the 3rd lease at this location after Payomatic and a local juice bar, this deal comes after our Investment Sales team sold the building to current ownership on 12/15/2021. This is another prime example of Schuckman's in-house collaboration between our IS and Leasing teams to bring the most value to our clients. Two more exciting leases are to be announced shortly!

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Deal Type
Effective Rent (Annual)

$118,135.28

Total Lease Value

$1,181,352.76

Net Landlord Cash Flow$118,135.28