Yerachmeal Jacobson Of Bluejay Management Group Leases Retail Space To Plush BK Hospitality Group For $77/ft

The property asset involved in this transaction is a retail space located at 252 Empire Boulevard in Brooklyn. The unit has a total square footage of 1,550 and is being leased for an asking rent of $77 per foot. The lease agreement has a term of 10 years and is classified as a NNN lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $77/ft
• Lease Term: 10 Years
• Lease Type: NNN Lease
• Landlord: Yerachmeal Jacobson - Bluejay Management Group
• Tenant: Richard Thrasher - Plush BK Hospitality Group
• Broker: Mendel Jacobson -ONE NYC RE

In this transaction, Yerachmeal Jacobson of Bluejay Management Group represents the landlord, while Richard Thrasher of Plush BK Hospitality Group represents the tenant. The broker facilitating the deal is Mendel Jacobson from ONE NYC RE, who played a key role in the leasing process.