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Convenience Store Leases Retail Space At 792 Flushing Avenue In New York City

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LEASED
$60

New York

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Retail1,300 SF
Leased 05/12/2023
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Property Image
LEASED

Convenience Store Leases Retail Space At 792 Flushing Avenue In New York City

792 Flushing Ave Brooklyn, NY 11206, USA

See Similar Deals
Retail1,300 SF
Leased 05/12/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$60
Total Square Footage:1,300 SF
Transaction Type:Lease

792 Flushing Avenue, a retail property located in New York City, was recently leased in a transaction facilitated by John Le Vine and Laura Polanco of EXR. The tenant, a convenience store, will occupy the space with a total square footage of 1,300. The lease was signed on 05/12/2023, and the landlord of the property is Shai Bernstein. The asking rent for the space was $60 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 792 Flushing Avenue, New York City
  • Tenant: Convenience Store
  • Brokers: John Le Vine & Laura Polanco - EXR
  • Asking Rent: $60 per square foot
  • Square Footage: 1,300
  • Date: 05/12/2023
  • Landlord: Shai Bernstein

John Le Vine and Laura Polanco from EXR represented the tenant, the convenience store, in this lease transaction.

Players

John LeVine
42 deals$50.6M volume
BROKER


TENANT

Details

LEASED
IMAGE: John Le Vine & Laura Polanco DATE: 05/12/2023 ADDRESS: 792 Flushing Avenue MARKET: New York City ASSET TYPE: Retail LANDLORD: Shai Bernstein TENANT: Convenience Store BROKERS: John Le Vine (@IAmJohnLeVine) & Laura Polanco (@LauraPolancoNYC) - EXR (@EXRNY) ASKING RENT: $60/ft ~ SF: 1,300

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Deal Type
Effective Rent (Annual)

$89,418.26

Total Lease Value

$894,182.59

Net Landlord Cash Flow$89,418.26