Harold Schwartz & Sam Schwartz Lease Retail Space At 3011 Avenue K Brooklyn To FSSP

The property asset involved in this transaction is a retail space located at 3011 Avenue K in Brooklyn. The asking rent for this asset is $50 per square foot, with a total area of 2,000 square feet. The lease term is set for 10 years under a modified gross lease structure.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $50/ft
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Landlord: Harold Schwartz & Sam Schwartz
• Tenant: FSSP
• Broker: Josh Augenbaum - Augenbaum Realty

In this lease transaction, Josh Augenbaum represents the interests of the landlord, Harold Schwartz & Sam Schwartz, while FSSP is the tenant securing this retail space. The deal marks a significant commitment of resources from the tenant for the duration of the lease term.