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New York-Based Healthcare System Leases 12,000 SF Retail Space At 535 Clinton Avenue

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LEASED
$40

New York

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Retail12,000 SF
Leased 07/01/2025
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Property Image
LEASED

New York-Based Healthcare System Leases 12,000 SF Retail Space At 535 Clinton Avenue

535 Clinton Avenue

See Similar Deals
Retail12,000 SF
Leased 07/01/2025
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$40
Total Square Footage:12,000 SF
Transaction Type:Lease

The property asset involved in the transaction is a retail space located at 535 Clinton Avenue in Brooklyn. It spans a total of 12,000 square feet and is leased under a Single Net Lease arrangement with an asking rent of $40 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $480,000 (calculated as $40/ft x 12,000 SF)
  • Date of Lease: 7/1/2025
  • Landlord: Michael Butler - Bonjour Capital
  • Tenant: New York-Based Healthcare System
  • Brokers: James Famularo, Jacob Mayer & Cole Kleppinger - Meridian Capital Group

Key individuals involved in the transaction include landlord Michael Butler, representing Bonjour Capital, and the tenant, a New York-Based Healthcare System. The brokers securing the lease were James Famularo, Jacob Mayer, and Cole Kleppinger from Meridian Capital Group, who facilitated the deal.

Players

James Famularo
360 deals$11.4M volume(212) 468-5960
BROKER



Meridian Capital Group
BROKERAGE


Details

LEASED
IMAGE: Jacob Mayer, James Famularo & Cole Kleppinger DATE: 7/1/2025 ADDRESS: 535 Clinton Avenue MARKET: Brooklyn ASSET TYPE: Retail LANDLORD: Michael Butler - Bonjour Capital TENANT: New York-Based Healthcare System BROKERS: James Famularo (@MrFamularo), Jacob Mayer & Cole Kleppinger (@Kleppinger.Leasing) - Meridian Capital Group (@Meridian_Retail_Leasing) ASKING RENT: $40/ft ~ SF: 12,000 LEASE TYPE: Single Net Lease

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Deal Type
Effective Rent (Annual)

$550,266.21

Total Lease Value

$5,502,662.07

Net Landlord Cash Flow$550,266.21