K Top Chicken Leases Retail Space In Williamsburg At 639 Driggs Ave With All Year Management
LEASED
New York
See Similar DealsRetail1,100 SF
Leased 12/01/2020
LEASED
K Top Chicken Leases Retail Space In Williamsburg At 639 Driggs Ave With All Year Management
639 Driggs Ave, Williamsburg, Brooklyn, NY, USA
See Similar DealsRetail1,100 SF
Leased 12/01/2020
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:1,100 SF
Transaction Type:Lease
Located at 639 Driggs Ave in Williamsburg, this retail property was recently leased. The tenant, K Top Chicken, signed a lease agreement with the landlord, All Year Management. The deal was facilitated by brokers Zacharia Setton from iveLikeALocalNYC and Moshe Akiva from TriStateCommercial. The lease transaction took place on 12/01/2020.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $87.27/ft. ~ SF: 1,100
Zacharia Setton from iveLikeALocalNYC and Moshe Akiva from TriStateCommercial represented the tenant and landlord, respectively. They played a crucial role in negotiating the lease terms and ensuring a successful transaction. The lease agreement between K Top Chicken and All Year Management is a significant milestone in the retail market in Williamsburg.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$63,051.34
Total Lease Value
$630,513.36
Net Landlord Cash Flow$63,051.34
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