Jiansheng Liu Leases Retail Space In Brighton Beach, Brooklyn For 5 Years
New York
See Similar DealsJiansheng Liu Leases Retail Space In Brighton Beach, Brooklyn For 5 Years
3049 Brighton 6th Street
See Similar DealsSummary
The property located at 3049 Brighton 6th Street in Brighton Beach, Brooklyn, was leased for a retail business. The asset consists of 940 square feet with an asking rent of $37 per square foot. The landlord, Leon Mikhlin, facilitated the lease agreement with tenant Jiansheng Liu.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Address: 3049 Brighton 6th Street
- Market: Brighton Beach, Brooklyn
- Landlord: Leon Mikhlin
- Tenant: Jiansheng Liu
- Broker: Anthony Volman - Highcap Group
- Lease Type: Modified Gross Lease
- Lease Term: 5-year lease plus option with 3% annual increases
Anthony Volman of Highcap Group acted as the broker in this lease deal, representing the landlord, Leon Mikhlin, and ensuring a successful agreement between the parties involved. The lease was structured as a Modified Gross Lease, providing both the landlord and tenant with a clear understanding of their responsibilities throughout the 5-year term with annual rent increases.
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