Lago Kache Restaurant & Lounge Leases Retail Space At 1819 Utica Avenue In Brooklyn

The retail asset located at 1819 Utica Avenue in Brooklyn features a total square footage of 6,000. The asking rent for this property is set at $33 per square foot. This transaction is structured as a NNN lease, which typically signifies that the tenant is responsible for property taxes, insurance, and maintenance costs associated with the property.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $33/ft
• Address: 1819 Utica Avenue
• Market: Brooklyn
• Landlord: Charles Baum
• Tenant: Lago Kache Restaurant & Lounge
• Brokers: Samuel Shouela & Maurice Amar - Tri State Commercial Realty

Samuel Shouela and Maurice Amar are the brokers representing both parties in this lease agreement. Their firm, Tri State Commercial Realty, facilitated the transaction between landlord Charles Baum and tenant Lago Kache Restaurant & Lounge.