Milk & Honey Cafe Signs Lease At 1515 Surf Avenue Brooklyn Represented By Moshe Akiva & Joy Vitale
LEASED
$55
New York
See Similar DealsRetail3,500 SF
Leased 11/01/2024
LEASED
Milk & Honey Cafe Signs Lease At 1515 Surf Avenue Brooklyn Represented By Moshe Akiva & Joy Vitale
1515 Surf Avenue
See Similar DealsRetail3,500 SF
Leased 11/01/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$55
Total Square Footage:3,500 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 1515 Surf Avenue in Brooklyn, featuring a retail space with a total square footage of 3,500. The asking rent for this location is set at $55 per square foot, under a Modified Gross Lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $55/ft
- Address: 1515 Surf Avenue
- Market: Brooklyn
- Landlord: LCOR
- Tenant: Milk & Honey Cafe
- Brokers: Moshe Akiva & Joy Vitale - Tri State Commercial Realty
The deal involves key individuals Moshe Akiva and Joy Vitale representing Tri State Commercial Realty, who facilitated the agreement between the landlord, LCOR, and the tenant, Milk & Honey Cafe. Their role was crucial in executing the lease arrangement for the retail property.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$220,679.68
Total Lease Value
$2,206,796.77
Net Landlord Cash Flow$220,679.68
Is there something missing? Send suggestions