Verizon Leases Retail Space At 956 Flatbush Avenue From Falson's Realty For $125/ft

The property asset involved in this transaction is located at 956 Flatbush Avenue in the Flatbush market. This retail location has a total square footage of 1,600 and is leased at an asking rent of $125 per square foot. The asset type is classified as retail, indicating its suitability for businesses engaging with the consumer market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $200,000
• Address: 956 Flatbush Avenue
• Landlord: Falson's Realty
• Tenant: Verizon
• Lease Type: Retail Lease
• Brokers: Solomon Sharaby & Albert Manopla - KSR

The deal features representatives from KSR, specifically Solomon Sharaby and Albert Manopla, acting as the brokers in the lease transaction. The representation ensures that both the landlord, Falson's Realty, and the tenant, Verizon, received professional assistance throughout the deal process.