Schmool Baumhorn Leases Retail Space To Yoga Joint At 267 Kent Avenue For 10 Years

The property involved in this transaction is a retail space located at 267 Kent Avenue in the Williamsburg market. The lease agreement has an asking rent of $100 per square foot for a total area of 4,800 square feet. The lease term is set for 10 years, categorized as a modified gross lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $100/ft
• Lease Term: 10 Years
• Lease Type: Modified Gross
• Landlord: Schmool Baumhorn
• Tenant: Yoga Joint
• Landlord's Representative: Richard Babeck - Tri State Commercial Realty
• Tenant's Representative: Peter Levine - Charter Realty

The key individuals involved in this leasing transaction include the landlord, Schmool Baumhorn, who is represented by Richard Babeck from Tri State Commercial Realty. On the tenant side, Yoga Joint is represented by Peter Levine from Charter Realty. Each party plays a significant role in facilitating this lease agreement within the specified terms.