Thrive Management Leases Retail Space To Kush & Kicks At 507 Myrtle Avenue In Clinton Hill
LEASED
$180
New York
See Similar DealsRetail1,000 SF
Leased 07/21/2025
LEASED
Thrive Management Leases Retail Space To Kush & Kicks At 507 Myrtle Avenue In Clinton Hill
507 Myrtle Avenue
See Similar DealsRetail1,000 SF
Leased 07/21/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$180
Total Square Footage:1,000 SF
Transaction Type:Lease
The asset involved in this transaction is a retail property located at 507 Myrtle Avenue in the Clinton Hill market. The property has a lease type categorized as a Retail Lease, with a square footage of 1,000 and an asking rent of $180 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $180/ft
- Square Footage: 1,000
- Address: 507 Myrtle Avenue
- Market: Clinton Hill
- Landlord: Thrive Management
- Tenant: Kush & Kicks
- Brokers: Malik Wells, Solomon Tbeile & Marc Sitt - KSR
- Lease Type: Retail Lease
The deal saw representation from brokers Malik Wells, Solomon Tbeile, and Marc Sitt belonging to KSR, affirming their role in facilitating the transaction between Thrive Management and the tenant, Kush & Kicks.
Players
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$206,349.83
Total Lease Value
$2,063,498.28
Net Landlord Cash Flow$206,349.83
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