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Olgam Life Leases 11,000 SF Retail Space At 1584 Flatbush Avenue, NYC

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LEASED
$50

New York

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Retail2,550 SF
Leased 12/07/2022
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Property Image
LEASED

Olgam Life Leases 11,000 SF Retail Space At 1584 Flatbush Avenue, NYC

1584 Flatbush AveBrooklyn, NY 11210, USA

See Similar Deals
Retail2,550 SF
Leased 12/07/2022
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:2,550 SF
Transaction Type:Lease

The retail property located at 1584 Flatbush Avenue in New York City has been leased. The lease term is set for 10 years. The property offers 11,000 square feet of space.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 1584 Flatbush Avenue
  • Market: New York City

Eddie Mizrachi and Soly A. Bawabeh are the landlords of the property, while Olgam Life serves as the tenant. The lease was facilitated by Josh Augenbaum from Augenbaum Realty Corp.

Players

Josh Augenbaum
139 deals$652.8M volume(917) 417-7834
BROKER

Eddie Mizrachi
24 deals
LANDLORD

Eddie Mizrachi
24 deals
LANDLORD

Soly A. Bawabeh
23 deals$9.8M volume
LANDLORD

TENANT

Details

LEASED
IMAGE: Josh Augenbaum DATE: 12/07/2022 ADDRESS: 1584 Flatbush Avenue MARKET: New York City ASSET TYPE: Retail LANDLORD: Eddie Mizrachi & Soly A. Bawabeh TENANT: Olgam Life BROKER: Josh Augenbaum - Augenbaum Realty Corp ASKING RENT: $50/ft. ~ SF: 11,000 LEASE TERM: 10 years

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Deal Type
Effective Rent (Annual)

$146,164.46

Total Lease Value

$1,461,644.61

Net Landlord Cash Flow$146,164.46