M&M Car Wash Leases Retail Space In Prospect Lefferts Gardens From Malachite Group

The retail property at 503 Flatbush Ave. in Prospect Lefferts Gardens has been leased. The property, measuring 13,000 square feet, was leased to M & M Car Wash. The lease was facilitated by brokers Sadya Liberow and Ilya Mirzakandov from Asset Commercial Realty Group. The asking rent for the retail space was $26 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Date: 02/01/2022
• Address: 503 Flatbush Ave., Prospect Lefferts Gardens
• Market: Prospect Lefferts Gardens
• Landlord: Malachite Group
• Tenant: M & M Car Wash
• Brokers: Sadya Liberow & Ilya Mirzakandov - Asset Commercial Realty Group
• Asking Rent: $26 per square foot
• Square Footage: 13,000

The deal was successfully negotiated by brokers Sadya Liberow and Ilya Mirzakandov from Asset Commercial Realty Group, representing the landlord and tenant respectively. M & M Car Wash will now operate their car wash business in the leased retail space at 503 Flatbush Ave. in Prospect Lefferts Gardens.