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Jeff Sutton Leases Retail Space To Wonder Foods At 481 Kings Highway Brooklyn For $120/ft

Property Image
LEASED
$120
Jeff Sutton
Solomon Betesh
+ 2

New York

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Retail4,000 SF
Leased 03/17/2026
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Property Image
LEASED

Jeff Sutton Leases Retail Space To Wonder Foods At 481 Kings Highway Brooklyn For $120/ft

481 Kings Highway

See Similar Deals
Retail4,000 SF
Leased 03/17/2026
Jeff Sutton
Solomon Betesh
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:4,000 SF
Transaction Type:Lease

The property asset involved in this transaction is a retail space located at 481 Kings Highway in Brooklyn. The asking rent for the 4,000 square foot space is $120 per square foot. The lease term agreed upon is 10 years, structured as a Single Net Lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $120/ft
  • Square Footage: 4,000
  • Lease Term: 10 Years
  • Lease Type: Single Net Lease
  • Landlord: Jeff Sutton
  • Tenant: Wonder Foods
  • Landlord's Representative: Solomon Betesh, Avi Akiva & Jonathan Lib - Momentum Realty Group
  • Tenant's Representative: Logan Ryan - Newmark

The key individuals involved in this lease deal include landlord Jeff Sutton and tenant Wonder Foods, represented by Logan Ryan from Newmark. The landlord's representation comes from Solomon Betesh, Avi Akiva, and Jonathan Lib of Momentum Realty Group, highlighting the professional partnerships facilitating this transaction.

Players

Logan Ryan
12 deals(203) 837-7032
BROKER

Avi Akiva
Momentum Realty Group
40 deals$18M volume(212) 314-4684
BROKER


Jeff Sutton
56 deals$5.5B volume
LANDLORD

Details

LEASED
IMAGE: Solomon Betesh, Jeff Sutton, Avi Akiva & Jonathan Lib DATE: 3/17/2026 ADDRESS: 481 Kings Highway MARKET: Brooklyn ASSET TYPE: Retail LANDLORD: Jeff Sutton TENANT: Wonder Foods (@Wonder) LANDLORD'S REP: Solomon Betesh (@Solomon_Betesh), Avi Akiva & Jonathan Lib - Momentum Realty Group (@Momentum_Realty_Group) TENANT'S REP: Logan Ryan - Newmark (@Newmark) ASKING RENT: $120/ft ~ SF: 4,000 LEASE TERM: 10 Years LEASE TYPE: Single Net Lease

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Deal Type
Effective Rent (Annual)

$550,266.21

Total Lease Value

$5,502,662.07

Net Landlord Cash Flow$550,266.21