Efraim Weber Leases Retail Space To Lona Luxe Salon Suites At 963 Atlantic Avenue

The retail property located at 963 Atlantic Avenue in Brooklyn has a square footage of 2,200. It was leased by Lona Luxe Salon Suites under a modified gross lease agreement. The asking rent for this property was set at $50 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $110,000
• Address: 963 Atlantic Avenue
• Market: Brooklyn
• Landlord: Efraim Weber
• Tenant: Lona Luxe Salon Suites
• Lease Term: 10 Years
• Brokers: Solomon Betesh & Gabriel Betesh - Momentum Realty Group

In this transaction, the landlords were represented by Efraim Weber, with brokerage support from Solomon Betesh and Gabriel Betesh, who are affiliated with Momentum Realty Group. The deal reflects a strategic choice for both the landlord and tenant in the Brooklyn retail market.