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Brooklyn Bazaar Leases Retail Space At 2555 Ocean Avenue In Sheepshead Bay

Property Image
LEASED
$60
Sholom Kanevsky
Freddy Souid
+ 1

New York

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Retail8,000 SF
Leased 04/15/2024
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Property Image
LEASED

Brooklyn Bazaar Leases Retail Space At 2555 Ocean Avenue In Sheepshead Bay

2555 Ocean Avenue

See Similar Deals
Retail8,000 SF
Leased 04/15/2024
Sholom Kanevsky
Freddy Souid
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$60
Total Square Footage:8,000 SF
Transaction Type:Lease

The retail property located at 2555 Ocean Avenue in Sheepshead Bay has been leased in a transaction involving tenant Brooklyn Bazaar and landlord Philips International. The lease type is a Retail Lease, with an asking rent of $60 per square foot for a space spanning 8,000 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Applicable
  • Tenant: Brooklyn Bazaar
  • Landlord: Philips International
  • Tenant's Representative: Freddy Souid, Jacky Yedid & Sholom Kanevsky - KSR
  • Landlord's Representative: Eddie Keda - Tri State Commercial
  • Address: 2555 Ocean Avenue
  • Market: Sheepshead Bay
  • Asking Rent: $60/ft
  • SF: 8,000

Freddy Souid, Jacky Yedid, and Sholom Kanevsky of KSR represented Brooklyn Bazaar as the tenant's representatives in this retail lease deal. On the other side, Eddie Keda of Tri State Commercial acted as the landlord's representative in facilitating the transaction.

Players

Sholom Kanevsky
11 deals
BROKER

Eddie Keda
Momentum Realty Group
25 deals(347) 481-7306
BROKER

Freddy Souid
Kassin Sabbagh Realty
28 deals$2.7M volume(917) 968-0329
BROKER

Details

LEASED
IMAGE: Freddy Souid, Jacky Yedid & Sholom Kanevsky DATE: 04/15/2024 ADDRESS: 2555 Ocean Avenue MARKET: Sheepshead Bay ASSET TYPE: Retail TENANT: Brooklyn Bazaar LANDLORD: Philips International TENANT'S REP: Freddy Souid (@Freddy_Souid15), Jacky Yedid (@Jacky_Yedid2) & Sholom Kanevsky - KSR (@Kassin_Sabbagh_Realty) LANDLORD'S REP: Eddie Keda - Tri State Commercial ASKING RENT: $60/ft ~ SF: 8,000 LEASE TYPE: Retail Lease

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Deal Type
Effective Rent (Annual)

$550,266.21

Total Lease Value

$5,502,662.07

Net Landlord Cash Flow$550,266.21