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EBike Express Leases Retail Space In Bed-Stuy At 1311 Fulton Street

Property Image
LEASED
$75
Solomon Sharaby
Steven Jemal
+ 1

New York

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Retail1,500 SF
Leased 11/01/2023
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Property Image
LEASED

EBike Express Leases Retail Space In Bed-Stuy At 1311 Fulton Street

1311 Fulton Street

See Similar Deals
Retail1,500 SF
Leased 11/01/2023
Solomon Sharaby
Steven Jemal
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$75
Total Square Footage:1,500 SF
Transaction Type:Lease

The retail property located at 1311 Fulton Street in Bed-Stuy has been leased to EBike Express. The property is a ground lease with an asking rent of $75 per square foot for a total of 1,500 square feet.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not applicable (lease)
  • Address: 1311 Fulton Street
  • Market: Bed-Stuy

The landlords for this lease are Alan Jemal, Steve Jemal, and Ruth Jemal. The brokers involved in the deal are Solomon Sharaby and Nathan Aballi from KSR.

Players

Solomon Sharaby
97 deals$3M volume
BROKER

Steven Jemal
S3 Capital
116 deals$3.1B volume
BROKER

Steven Jemal
S3 Capital
116 deals$3.1B volume
BROKER

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

LANDLORD

2 deals
LANDLORD

Details

LEASED
IMAGE: Solomon Sharaby & Nathan Aballi DATE: 11/01/2023 ADDRESS: 1311 Fulton Street MARKET: Bed-Stuy ASSET TYPE: Retail LANDLORD: Alan Jemal, Steve Jemal & Ruth Jemal TENANT: EBike Express BROKERS: Solomon Sharaby (@Sollo95) & Nathan Aballi (@Nate_Realty) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $75/ft ~ SF: 1,500 LEASE TYPE: Ground Lease

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Deal Type
Effective Rent (Annual)

$128,968.64

Total Lease Value

$1,289,686.42

Net Landlord Cash Flow$128,968.64