Sam Zeebi Leases Retail Space At 482 Utica Avenue To Brooklyn Paradise For $30/ft
LEASED
$8,000
New York
See Similar DealsRetail4,200 SF
Leased 05/21/2026
LEASED
Sam Zeebi Leases Retail Space At 482 Utica Avenue To Brooklyn Paradise For $30/ft
482 Utica Avenue
See Similar DealsRetail4,200 SF
Leased 05/21/2026
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$8,000
Total Square Footage:4,200 SF
Transaction Type:Lease
The asset involved in this transaction is a retail property located at 482 Utica Avenue in the Flatbush market. The leased space measures 4,200 square feet and has an asking rent of $30 per square foot. The lease agreement is classified as a Modified Gross Lease and has a term of 5 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $30/ft
- Address: 482 Utica Avenue
- Market: Flatbush
- Lease Term: 5 years
- Lease Type: Modified Gross Lease
- Landlord: Sam Zeebi
- Tenant: Brooklyn Paradise
- Brokers: Joey Sakkal, Fredy Halabi & Avi Saadia - Tri State Commercial Realty
The individuals facilitating this transaction include brokers Joey Sakkal, Fredy Halabi, and Avi Saadia, who represent the landlord, Sam Zeebi, and the tenant, Brooklyn Paradise, in this lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$38,518,634.49
Total Lease Value
$385,186,344.87
Net Landlord Cash Flow$38,518,634.49
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