Joey Bats Cafe Leases Retail Space At 50 Avenue B In Alphabet City With Tenant's Rep Albert Halawani & John Jin @Kassin_Sabbagh_Realty And Landlord's Rep Matthew Fogel, David Green & Ike Bibi @Kassin_Sabbagh_Realty. Asking Rent: $132/ft. ~ SF: 3,085
LEASED
+ 2
New York
See Similar DealsRetail3,085 SF
Leased 07/07/2020
LEASED
Joey Bats Cafe Leases Retail Space At 50 Avenue B In Alphabet City With Tenant's Rep Albert Halawani & John Jin @Kassin_Sabbagh_Realty And Landlord's Rep Matthew Fogel, David Green & Ike Bibi @Kassin_Sabbagh_Realty. Asking Rent: $132/ft. ~ SF: 3,085
50 Avenue B, Manhattan, New York, NY, USA
See Similar DealsRetail3,085 SF
Leased 07/07/2020
+ 2
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:3,085 SF
Transaction Type:Lease
A retail property located at 50 Avenue B in Alphabet City has been leased. The property measures approximately 3,085 square feet and was leased to Joey Bats Cafe, a Portuguese cafƩ. The lease was finalized on 07/07/2021.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 07/07/2021
- Address: 50 Avenue B
- Market: Alphabet City
- Tenant: Joey Bats Cafe šµš¹
- Landlord: Arik Lifshitz
- Tenant's Representative: Albert Halawani & John Jin from Kassin Sabbagh Realty
- Landlord's Representatives: Matthew Fogel, David Green & Ike Bibi from Kassin Sabbagh Realty
- Asking Rent: $132/ft.
Albert Halawani and John Jin from Kassin Sabbagh Realty represented the tenant, Joey Bats Cafe, in the transaction. On the other hand, Matthew Fogel, David Green, and Ike Bibi, also from Kassin Sabbagh Realty, represented the landlord, Arik Lifshitz.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$176,830.34
Total Lease Value
$1,768,303.38
Net Landlord Cash Flow$176,830.34
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