facebook
Traded Co logo
Submit

Myrtle Shoppe Leases Retail Space At 411 Myrtle Avenue In Clinton Hill, Brooklyn

Property Image
LEASED
$85
Michel Liv

New York

See Similar Deals
Retail1,200 SF
Leased 08/01/2023
the dealplayerscompscontact
Property Image
LEASED

Myrtle Shoppe Leases Retail Space At 411 Myrtle Avenue In Clinton Hill, Brooklyn

411 Myrtle Avenue

See Similar Deals
Retail1,200 SF
Leased 08/01/2023
Michel Liv
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$85
Total Square Footage:1,200 SF
Transaction Type:Lease

A retail property located at 411 Myrtle Avenue in Clinton Hill, Brooklyn has been leased by Myrtle Shoppe. The property, spanning 1,200 square feet, is situated in a desirable location in the market. The lease was brokered by David Avgi and Michel Liv of Avenues Real Estate on behalf of the landlord, Justin Meshberg. The lease agreement is a double net lease with a term of 10 years. The asking rent for the property was $85 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Address: 411 Myrtle Avenue, Clinton Hill, Brooklyn
  • Tenant: Myrtle Shoppe
  • Landlord: Justin Meshberg
  • Brokers: David Avgi & Michel Liv
  • Asking Rent: $85/ft
  • Lease Type: Double Net Lease
  • Lease Term: 10 years

David Avgi and Michel Liv, representing Avenues Real Estate, played a crucial role in brokering the lease deal for the retail property. Their expertise and negotiation skills ensured a successful transaction between the landlord, Justin Meshberg, and the tenant, Myrtle Shoppe.

Players

David Avgi
24 deals$81.2M volume(646) 628-3220
BROKER


Details

LEASED
IMAGE: David Avgi & Michel Liv DATE: 08/01/2023 ADDRESS: 411 Myrtle Avenue MARKET: Clinton Hill, Brooklyn ASSET TYPE: Retail LANDLORD: Justin Meshberg TENANT: Myrtle Shoppe BROKERS: David Avgi (@DavidPrettyBoy) & Michel Liv - (@Michel.Livs) - Avenues Real Estate ASKING RENT: $85/ft ~ SF: 1,200 LEASE TYPE: Double Net Lease LEASE TERM: 10 years

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$116,931.57

Total Lease Value

$1,169,315.69

Net Landlord Cash Flow$116,931.57