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Scott Stewart And Young Yoon Lease Retail Space At 687 Manhattan Avenue To Copper Mug Coffee

Property Image
LEASED
$120
Scott Stewart
Joseph DiPiazza
+ 1

New York

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Retail600 SF
Leased 05/01/2025
the dealplayerscompscontact
Property Image
LEASED

Scott Stewart And Young Yoon Lease Retail Space At 687 Manhattan Avenue To Copper Mug Coffee

687 Manhattan Avenue

See Similar Deals
Retail600 SF
Leased 05/01/2025
Scott Stewart
Joseph DiPiazza
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:600 SF
Transaction Type:Lease

The property involved in this transaction is a retail asset located at 687 Manhattan Avenue in Brooklyn. The lease agreement has an asking rent of $120 per square foot for a total space of 600 square feet. The lease term is set for 10 years, categorized as a Single Net Lease.

Summary of transaction details:

The deal involves notable individuals such as Scott Stewart and Young Yoon, acting as the landlords, and Copper Mug Coffee as the tenant. The representatives facilitating the transaction include Joseph DiPiazza and David Quigua, who represent the landlords, while Sara Lamstein represents the tenant in this lease agreement.

Players

Joseph DiPiazza
36 deals$50.6M volume(718) 705-4150
BROKER

David Quigua
EXR
14 deals$3.6M volume
BROKER


Scott Stewart
4 deals$54.8M volume
LANDLORD

Details

LEASED
IMAGE: Joseph DiPiazza & David Quigua DATE: 5/1/2025 ADDRESS: 687 Manhattan Avenue MARKET: Brooklyn ASSET TYPE: Retail LANDLORD: Scott Stewart & Young Yoon TENANT: Copper Mug Coffee LANDLORD'S REP: Joseph DiPiazza () & David Quigua (@Keygua) - EXR (@EXRNY) TENANT'S REP: Sara Lamstein (@Sara_Lamstein) - Meridian Capital Group (@Meridian_Retail_Leasing) ASKING RENT: $120/ft ~ SF: 600 LEASE TERM: 10 Years LEASE TYPE: Single Net Lease

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Deal Type
Effective Rent (Annual)

$82,539.93

Total Lease Value

$825,399.31

Net Landlord Cash Flow$82,539.93