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.