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The Workshop Middle School Leases Retail Space At 495 Flatbush Avenue In Prospect Lefferts Gardens

Property Image
LEASED
Aric Trakhtenberg
+ 1

New York

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Retail10,000 SF
Leased 06/01/2020
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Property Image
LEASED

The Workshop Middle School Leases Retail Space At 495 Flatbush Avenue In Prospect Lefferts Gardens

495 Flatbush Avenue, Little Caribbean, Brooklyn, NY, USA

See Similar Deals
Retail10,000 SF
Leased 06/01/2020
Aric Trakhtenberg
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:10,000 SF
Transaction Type:Lease

The Workshop Middle School, a retail space located at 495 Flatbush Avenue in Prospect Lefferts Gardens, has been leased to Albert Srour. The lease was facilitated by Aric Trakhtenberg from Newmark, representing the school, and Chandler Slate and Avi Akiva from Tri State Commercial, representing the landlord.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Date: 06/01/2021
  • Address: 495 Flatbush Avenue
  • Market: Prospect Lefferts Gardens

The Workshop Middle School, a reputable educational institution, has secured a lease for this retail space. The exact terms, including the lease duration and any special conditions, were not provided in the available information.

Players

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

Chandler Slate
Tri State Commercial Realty
33 deals$10.7M volume
BROKER

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

Details

LEASED
IMAGE: Aric Trakhtenberg DATE: 06/01/2021 ADDRESS: 495 Flatbush Avenue MARKET: Prospect Lefferts Gardens ASSET TYPE: Retail TENANT: The Workshop Middle School 🏫 📚 LANDLORD: Albert Srour TENANT'S REP: Aric Trakhtenberg - Newmark LANDLORD'S REP: Chandler Slate, Avi Akiva - Tri State Commercial ASKING RENT: $45/ft. ~ SF: 10,000

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97