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Chai Urgent Care Leases Retail Space At 715 Manhattan Avenue In Greenpoint

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LEASED
Nicholas Kalomeris
John LeVine
+ 1

New York

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Retail2,500 SF
Leased 02/04/2022
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Property Image
LEASED

Chai Urgent Care Leases Retail Space At 715 Manhattan Avenue In Greenpoint

715 Manhattan Avenue, Brooklyn, New York 11222, United States

See Similar Deals
Retail2,500 SF
Leased 02/04/2022
Nicholas Kalomeris
John LeVine
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:2,500 SF
Transaction Type:Lease

Chai Urgent Care has recently leased a retail space located at 715 Manhattan Avenue in the Greenpoint market of Brooklyn. The property, spanning 2,500 square feet, was leased for an asking rent of $65 per square foot. The lease transaction was completed within a timeframe of just over three months from listing to lease.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 715 Manhattan Avenue
  • Market: Greenpoint
  • Asking Rent: $65 per square foot
  • Size: 2,500 square feet

The landlord of the property is David Abott and Lauren Abott. The tenant, Chai Urgent Care, was represented by Nicholas Kalomeris from Botsaris Morris Realty. On the other hand, the landlord was represented by Joseph DiPiazza, Stephen Forino, and John Le Vine from EXR. EXR is one of Brooklyn's top retail brokerages, having leased over 250,000 square feet in North Brooklyn in the past five years.

Players

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

John LeVine
EXR
42 deals$50.6M volume
BROKER

Nicholas Kalomeris
1 deal
BROKER

Stephen Forino
EXR
11 deals$47M volume
BROKER

TENANT

Details

LEASED
IMAGE: Stephen Forino, Joseph DiPiazza & John Le Vine DATE: 02/04/2022 ADDRESS: 715 Manhattan Avenue MARKET: Greenpoint ASSET TYPE: Retail LANDLORD: David Abott & Lauren Abott TENANT: Chai Urgent Care TENANT'S REP: Nicholas Kalomeris (@NicholasKalomeris) - Botsaris Morris Realty LANDLORD'S REP: Joseph DiPiazza (@JosephDiPiazza) (https://www.linkedin.com/in/jdipiazza/), Stephen Forino (@Steve4ino) & John Le Vine (@Iamjohnlevine) - EXR (@EXRNY) ASKING RENT: $65/ft. ~ SF: 2,500 NOTE FROM @EXRNY: @EXRNY is one of Brooklyn's top retail brokerages, leasing over 250,000 square feet in North Brooklyn over the past five years. This medical office deal was completed in just over three months from listing to lease.

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Deal Type
Effective Rent (Annual)

$143,298.49

Total Lease Value

$1,432,984.91

Net Landlord Cash Flow$143,298.49