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Thor Equities Leases Retail Space To Banhmigos Plus In Boerum Hill, Brooklyn

Property Image
LEASED
$100

New York

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Retail2,500 SF
Leased 11/29/2023
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Property Image
LEASED

Thor Equities Leases Retail Space To Banhmigos Plus In Boerum Hill, Brooklyn

537 Atlantic Avenue

See Similar Deals
Retail2,500 SF
Leased 11/29/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$100
Total Square Footage:2,500 SF
Transaction Type:Lease

The retail space located at 537 Atlantic Avenue in Boerum Hill, Brooklyn, has been leased. The tenant, Banhmigos Plus, has entered into a lease agreement with the landlord, Thor Equities. The property spans approximately 2,500 square feet and was marketed as a retail space.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not mentioned

The leasing process was facilitated by the brokers Jordan Raphan, Akram Mozeb, and Albert Manopla from KSR. They represented both the landlord, Thor Equities, and the tenant, Banhmigos Plus, throughout the deal.

Players

Albert Manopla
82 deals$4.3M volume(212) 380-8369
BROKER

Jordan Raphan
Kassin Sabbagh Realty
40 deals
BROKER

Akram Mozeb
Kassin Sabbagh Realty
15 deals
BROKER

Thor Equities
LANDLORD

Details

LEASED
IMAGE: Jordan Raphan, Akram Mozeb & Albert Manopla DATE: 11/29/2023 ADDRESS: 537 Atlantic Avenue MARKET: Boerum Hill, Brooklyn ASSET TYPE: Retail LANDLORD: Thor Equities (@ThorEquities) TENANT: Banhmigos Plus BROKERS: Jordan Raphan (@JRaphan), Akram Mozeb (@Akmzb_) & Albert Manopla (@AlbertJManopla) - KSR (@Kassin_Sabbagh_Realty) ASKING RENT: $100/ft ~ SF: 2,500

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Deal Type
Effective Rent (Annual)

$286,596.98

Total Lease Value

$2,865,969.83

Net Landlord Cash Flow$286,596.98