Esti's Signs 10-Year Lease At 2263 Nostrand Avenue Brooklyn Represented By Momentum Realty Group

The asset involved in this transaction is a retail property located at 2263 Nostrand Avenue in Brooklyn. The landlord, CAVU Property Group, secured a tenant for a total of 7,800 square feet at an asking rent of $65 per square foot under a 10-year lease agreement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $65/ft.
• Lease Terms: 10 years
• Landlord: CAVU Property Group
• Tenant: Esti’s
• Landlord's Representative: Eddie Mamiye, Meyer Dagmy & Isaac Bijou - MOD
• Tenant's Representative: Solomon Betesh, Jonathan Lib & Avi Akiva - Momentum Realty Group
• Square Footage: 7,800

This deal involved multiple representatives, with Eddie Mamiye, Meyer Dagmy, and Isaac Bijou from MOD acting on behalf of CAVU Property Group, while Solomon Betesh, Jonathan Lib, and Avi Akiva from Momentum Realty Group represented Esti’s in securing the lease agreement for the property.