Allen Isra Leases Retail Space To Laundry Bee On Nostrand Avenue, Brooklyn

The retail property located at 566 Nostrand Avenue in Brooklyn, with a total space of 4,000 square feet, was leased to Laundry Bee. The deal was facilitated under a Modified Gross Lease agreement, with an asking rent of $60 per square foot, showcasing a significant transaction in the Brooklyn market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Landlord: Allen Isra
• Tenant: Laundry Bee
• Landlord's Rep: Meyer Dagmy - MOD
• Tenant's Rep: Marc Sitt & Miles Sabbagh - KSR
• Address: 566 Nostrand Avenue, Brooklyn
• Market: Brooklyn
• Lease Type: Modified Gross Lease
• Asking Rent: $60/ft
• Square Footage: 4,000 SF

Meyer Dagmy from MOD represented the landlord, Allen Isra, in this lease transaction, while Marc Sitt and Miles Sabbagh from KSR acted as the tenant's representatives, ensuring a smooth negotiation process for both parties involved.