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IDB Bank Signs Retail Lease With Dweck Family At 400 Avenue U In Brooklyn For 2500 Square Feet

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LEASED

New York

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Retail2,500 SF
Leased 06/30/2023
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Property Image
LEASED

IDB Bank Signs Retail Lease With Dweck Family At 400 Avenue U In Brooklyn For 2500 Square Feet

400 Avenue U

See Similar Deals
Retail2,500 SF
Leased 06/30/2023
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,500 SF
Transaction Type:Lease

The asset involved in this lease transaction is a retail property located at 400 Avenue U in Brooklyn, consisting of 2500 square feet. The landlord of the property is the Dweck Family.

Summary of transaction details:

The key individuals involved in this transaction include brokers representing both the landlord and tenant. Aric Trakhtenberg and David Berke represent the tenant IDB Bank through Newmark, while Lance S Korman and Brian S Waterman are also involved, although their affiliations are not specified.

Players

Aric Trakhtenberg
50 deals$8.3M volume(212) 916-3386
BROKER



1 deal
BROKER

LANDLORD

Details

LEASED
IMAGE: 06/30/2023 ADDRESS: 400 Avenue U MARKET: Brooklyn ASSET TYPE: Retail BROKERS: Aric Trakhtenberg(Newmark), David Berke(Newmark), Lance S Korman(), Brian S Waterman() TENANT: IDB Bank LANDLORD: Dweck Family SQUARE FEET: 2500.0

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Deal Type
Effective Rent (Annual)

$200,617.89

Total Lease Value

$2,006,178.88

Net Landlord Cash Flow$200,617.89