K-Top Chicken Leases Retail Space At 639 Driggs Avenue Brooklyn With Landlord All Year Management
LEASED
$90
New York
See Similar DealsRetail1,100 SF
Leased
LEASED
K-Top Chicken Leases Retail Space At 639 Driggs Avenue Brooklyn With Landlord All Year Management
639 Driggs Avenue
See Similar DealsRetail1,100 SF
Leased
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$90
Total Square Footage:1100 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 639 Driggs Avenue in Brooklyn. The asking rent for this space is set at $90 per square foot, encompassing a total of 1,100 square feet. The lease term is established for a duration of 10 years, categorized as a single net lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $90/ft
- Address: 639 Driggs Avenue
- Market: Brooklyn
- Landlord: All Year Management/ Smart Management
- Tenant: K-Top chicken
- Brokers: Elie Cohen, Daniel Cohen & Yaron Cohen - Leviathan Capital
- Lease Term: 10 Years
- Lease Type: Single Net Lease
- Square Footage: 1,100
The deal is represented by brokers Elie Cohen, Daniel Cohen, and Yaron Cohen from Leviathan Capital, highlighting their role in facilitating this transaction between the landlord and tenant. Their involvement underscores the professional representation within the leasing process.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$113,492.41
Total Lease Value
$1,134,924.05
Net Landlord Cash Flow$113,492.41
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