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Dermot Company Leases Retail Space To Oak Berry At 230 Livingston Street In Downtown Brooklyn

Property Image
LEASED
$90
Marc Sitt
Dorel Melloul
+ 1

New York

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Retail1,100 SF
Leased 11/01/2024
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Property Image
LEASED

Dermot Company Leases Retail Space To Oak Berry At 230 Livingston Street In Downtown Brooklyn

230 Livingston Street

See Similar Deals
Retail1,100 SF
Leased 11/01/2024
Marc Sitt
Dorel Melloul
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$90
Total Square Footage:1,100 SF
Transaction Type:Lease

The retail asset located at 230 Livingston Street in Downtown Brooklyn has a square footage of 1,100. The landlord for this property is Dermot Company, while Oak Berry has secured the tenancy. The asking rent for this retail lease is set at $90 per square foot.

Summary of transaction details:

The transaction was facilitated by brokers Marc Sitt, Solomon Sharaby, Dorel Melloul, and Selim Sabbagh representing the landlord and tenant throughout the leasing process, ensuring that all aspects of the deal were handled efficiently.

Players

Marc Sitt
64 deals$272.9M volume(917) 757-8863
BROKER

Dorel Melloul
Kassin Sabbagh Realty
32 deals$4.8M volume
BROKER

Solomon Sharaby
Kassin Sabbagh Realty
98 deals$3M volume
BROKER

Details

LEASED
IMAGE: Marc Sitt, Solomon Sharaby, Dorel Melloul & Selim Sabbagh DATE: 11/01/2024 ADDRESS: 230 Livingston Street MARKET: Downtown Brooklyn ASSET TYPE: Retail LANDLORD: Dermot Company TENANT: Oak Berry BROKERS: Marc Sitt (@Retail.Marc), Solomon Sharaby (@Sollo95), Dorel Melloul (@JewandtheCity) & Selim Sabbagh (@Selim.Sabbagh) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $90/ft ~ SF: 1,100 LEASE TYPE: Retail Lease

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Deal Type
Effective Rent (Annual)

$113,492.41

Total Lease Value

$1,134,924.05

Net Landlord Cash Flow$113,492.41