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Crispy Burger Inc. Signs Ground Lease At 1309 Fulton Street In Bedford Stuyvesant

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LEASED
$90

New York

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Retail1,350 SF
Leased 10/01/2023
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Property Image
LEASED

Crispy Burger Inc. Signs Ground Lease At 1309 Fulton Street In Bedford Stuyvesant

1309 Fulton Street

See Similar Deals
Retail1,350 SF
Leased 10/01/2023
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$90
Total Square Footage:1,350 SF
Transaction Type:Lease

The retail property located at 1309 Fulton Street in Bedford Stuyvesant has been leased to Crispy Burger Inc. The lease is a ground lease with an asking rent of $90 per square foot for a total of 1,350 square feet.

Summary of transaction details

  • Property Type: Retail
  • Asking Rent: $90/ft
  • Square Footage: 1,350
  • Address: 1309 Fulton Street
  • Market: Bedford Stuyvesant

The landlord of the property is Alan Jemal from Jem Realty. The lease was facilitated by brokers Solomon Sharaby, Joshua Berkun, and Nathan Aballi from KSR.

Players

Joshua Berkun
12 deals$3.3M volume(516) 459-9251
BROKER

Solomon Sharaby
Kassin Sabbagh Realty
98 deals$3M volume
BROKER

Nathan Aballi
Kassin Sabbagh Realty
50 deals$8.3M volume(917) 915-8763
BROKER

LANDLORD

Details

LEASED
IMAGE: Solomon Sharaby, Joshua Berkun & Nathan Aballi DATE: 10/01/2023 ADDRESS: 1309 Fulton Street MARKET: Bedford Stuyvesant ASSET TYPE: Retail TENANT: Crispy Burger Inc. LANDLORD: Alan Jemal - Jem Realty BROKERS: Solomon Sharaby (@Sollo95), Joshua Berkun & Nathan Aballi (@Nate_Realty) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $90/ft ~ SF: 1,350 LEASE TYPE: Ground Lease

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Deal Type
Effective Rent (Annual)

$139,286.13

Total Lease Value

$1,392,861.34

Net Landlord Cash Flow$139,286.13