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Harbor Fitness Leases Retail Space From Joseph Althkefati At 943 Kings Highway In Gravesend

Property Image
LEASED
$70
Josh Augenbaum
JA

New York

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Retail2,500 SF
Leased 03/31/2025
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Property Image
LEASED

Harbor Fitness Leases Retail Space From Joseph Althkefati At 943 Kings Highway In Gravesend

943 Kings Highway

See Similar Deals
Retail2,500 SF
Leased 03/31/2025
Josh Augenbaum
JA
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$70
Total Square Footage:2,500 SF
Transaction Type:Lease

The property asset involved in this lease transaction is a retail space located at 943 Kings Highway in the Gravesend market. The leased area spans 2,500 square feet, with a rental rate of $70 per square foot. This transaction reflects the dynamics of the retail market in the area.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 943 Kings Highway
  • Market: Gravesend
  • Square Feet: 2500.0
  • Rent/SF: 70
  • Tenant: Harbor Fitness
  • Landlord: Joseph Althkefati
  • Brokers - Repped Both Sides: Josh Augenbaum (Augenbaum Realty)

This lease transaction involves key individuals such as tenant Harbor Fitness and landlord Joseph Althkefati. The deal was facilitated by broker Josh Augenbaum, who represented both sides in this transaction, highlighting the collaborative nature of this agreement.

Players

Josh Augenbaum
Augenbaum Realty
Josh Augenbaum
139 deals$652.8M volume(917) 417-7834
BROKER
JA
Joseph Althkefati
10 deals$37.1M volume
LANDLORD

Details

LEASED
IMAGE: Josh Augenbaum DATE: 03/31/2025 ADDRESS: 943 Kings Highway MARKET: Gravesend ASSET TYPE: Retail LANDLORD: Joseph Althkefati TENANT: Harbor Fitness (@HarborFitness) BROKER: Josh Augenbaum (@JoshAugenbaum) - Augenbaum Realty (@AugenbaumRealtyNY) ASKING RENT: $70/ft ~ SF: 2,500 LEASE TERM: 20 years LEASE TYPE: Modified Gross Lease NOTE FROM BROKER: Harbor Fitness expanded their footprint to over 26,000sf at this property. Reach out to us for any sites that fit Harbor Fitness needs or any spaces throughout the 5 boros.

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Deal Type
Effective Rent (Annual)

$200,617.89

Total Lease Value

$2,006,178.88

Net Landlord Cash Flow$200,617.89