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Organic Fresh Deli Leases Retail Space At 554 Dekalb Avenue In New York City

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LEASED
$55

New York

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Retail1,040 SF
Leased 07/11/2023
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Property Image
LEASED

Organic Fresh Deli Leases Retail Space At 554 Dekalb Avenue In New York City

554 Dekalb Ave Brooklyn, NY 11205, USA

See Similar Deals
Retail1,040 SF
Leased 07/11/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$55
Total Square Footage:1,040 SF
Transaction Type:Lease

The retail property located at 554 Dekalb Avenue in New York City has been leased to Organic Fresh Deli. The lease term is for 10 years, with an asking rent of $55 per square foot. The total square footage of the space is 1,040 square feet.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease agreement
  • Tenant: Organic Fresh Deli
  • Brokers: John Le Vine & David Quigua - EXR
  • Asking Rent: $55/ft
  • Square Footage: 1,040
  • Lease Term: 10 years

The lease transaction was facilitated by John Le Vine and David Quigua from EXR, who represented both the tenant, Organic Fresh Deli, and the landlord. They worked together to secure the 10-year lease agreement with an asking rent of $55 per square foot.

Players

David Quigua
14 deals$3.6M volume
BROKER

John LeVine
EXR
42 deals$50.6M volume
BROKER

Details

LEASED
IMAGE: John Le Vine & David Quigua DATE: 07/11/2023 ADDRESS: 554 Dekalb Avenue MARKET: New York City ASSET TYPE: Retail TENANT: Organic Fresh Deli BROKERS: John Le Vine (@IAmJohnLeVine) & David Quigua (@Keygua) - EXR (@EXRNY) ASKING RENT: $55/ft ~ SF: 1,040 LEASE TERM: 10 years

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Deal Type
Effective Rent (Annual)

$65,573.39

Total Lease Value

$655,733.90

Net Landlord Cash Flow$65,573.39