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Teppanyaki One Signs 10-Year Lease At 500 Fulton Street Brooklyn Represented By Peter Yoon

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LEASED
$187

New York

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Retail1,600 SF
Leased 04/21/2025
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Property Image
LEASED

Teppanyaki One Signs 10-Year Lease At 500 Fulton Street Brooklyn Represented By Peter Yoon

500 Fulton Street

See Similar Deals
Retail1,600 SF
Leased 04/21/2025
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$187
Total Square Footage:1,600 SF
Transaction Type:Lease

The retail asset located at 500 Fulton Street in Brooklyn has been leased by Teppanyaki One. The property offers a lease term of 10 years under a modified gross lease with an asking rent of $187 per square foot for a total area of 1,600 square feet.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $299,200
  • Address: 500 Fulton Street
  • Market: Brooklyn
  • Landlord: J.W Mays INC
  • Tenant: Teppanyaki One
  • Landlord's Representative: Eddie Keda & Leo Beda - Tri State Commercial Realty
  • Tenant's Representative: Peter Yoon - Ripco
  • Lease Term: 10 Years
  • Lease Type: Modified Gross Lease
  • Asking Rent: $187/ft
  • Square Footage: 1,600

This transaction involved key representatives from both the landlord and tenant sides, with Eddie Keda and Leo Beda representing J.W Mays INC through Tri State Commercial Realty, while Peter Yoon represented Teppanyaki One via Ripco. Their roles were crucial in finalizing the leasing agreement for this commercial property.

Players

Eddie Keda
25 deals(347) 481-7306
BROKER

Peter Yoon
Ripco
4 deals
BROKER

Leo Beda
Tri State Commercial Realty
5 deals
BROKER

Details

LEASED
IMAGE: Eddie Keda, Leo Beda & Peter Yoon DATE: 04/23/2025 ADDRESS: 500 Fulton Street MARKET: Brooklyn ASSET TYPE: Retail LANDLORD: J.W Mays INC TENANT: Teppanyaki One LANDLORD'S REP: Eddie Keda (@@EddieKed.a) & Leo Beda - Tri State Commercial Realty (@TriStateCommercial) TENANT'S REP: Peter Yoon - Ripco (@RipcoRealEstate) ASKING RENT: $187/ft ~ SF: 1,600 LEASE TERM: 10 Years LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$343,916.38

Total Lease Value

$3,439,163.79

Net Landlord Cash Flow$343,916.38