Elite Gym Of Brooklyn Corp Leases Retail Space In Greenwood, Brooklyn For $25/ft

The retail asset located at 204 25th Street in Greenwood, Brooklyn, was leased to Elite Gym Of Brooklyn Corp. The property spans 7,000 square feet with an asking rent of $25 per square foot, operating under a Modified Gross Lease. The deal was facilitated by brokers Moshe Akiva and Maurice Amar of Tri State Commercial Realty, representing both the landlord, William Shwartz, and the tenant.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 204 25th Street
• Market: Greenwood, Brooklyn
• Asset Type: Retail
• Landlord: William Shwartz
• Tenant: Elite Gym Of Brooklyn Corp
• Brokers: Moshe Akiva & Maurice Amar - Tri State Commercial Realty
• Asking Rent: $25/ft
• Lease Type: Modified Gross Lease

Moshe Akiva and Maurice Amar of Tri State Commercial Realty played a pivotal role in facilitating the lease agreement between William Shwartz, the landlord of the retail property, and Elite Gym Of Brooklyn Corp, the tenant. This partnership highlights the importance of skilled broker representation in successfully closing property transactions.