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Greenpoint Retail Space Leased At 197 Franklin Street By Greenpoint Market - David Green & David Sabbagh Of KSR

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LEASED
David Green
Daniel Hedaya
+ 1

New York

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Retail1,000 SF
Leased 11/11/2021
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Property Image
LEASED

Greenpoint Retail Space Leased At 197 Franklin Street By Greenpoint Market - David Green & David Sabbagh Of KSR

197 Franklin Street, Greenpoint, Brooklyn, NY, USA

See Similar Deals
Retail1,000 SF
Leased 11/11/2021
David Green
Daniel Hedaya
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:1,000 SF
Transaction Type:Lease

The retail property located at 197 Franklin Street in Greenpoint has been leased to Greenpoint Market. The lease transaction took place on November 11, 2021. The asset comprises 1,000 square feet of space. DAX Real Estate, represented by Daniel Hedaya and Max Seibald, serves as the landlord. The asking rent for the property was $100 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 197 Franklin Street
  • Market: Greenpoint
  • Landlord: DAX Real Estate - Daniel Hedaya & Max Seibald
  • Tenant: Greenpoint Market
  • Brokers: David Green & David Sabbagh - KSR
  • Asking Rent: $100/ft.
  • Square Footage: 1,000

The lease transaction was facilitated by brokers David Green and David Sabbagh from KSR.

Players

David Sabbagh
59 deals(646) 784-7735
BROKER

David Green
Kassin Sabbagh Realty
176 deals$447M volume(516) 320-0260
BROKER

Daniel Hedaya
DAX Real Estate
15 deals$79.7M volume
LANDLORD

Max Seibald
DAX Real Estate
13 deals$63.9M volume
LANDLORD

Details

LEASED
IMAGE: David Sabbagh & David Green DATE: 11/11/2021 ADDRESS: 197 Franklin Street MARKET: Greenpoint ASSET TYPE: Retail LANDLORD: DAX Real Estate - Daniel Hedaya & Max Seibald TENANT: Greenpoint Market BROKERS: David Green (@DavidSTGreen) & David Sabbagh (@DSabbagh1) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $100/ft. ~ SF: 1,000

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Deal Type
Effective Rent (Annual)

$57,319.40

Total Lease Value

$573,193.97

Net Landlord Cash Flow$57,319.40