Charles Schwartz Leases Retail Space To Yoga Space NYC At 473 Grand Street In Brooklyn

The lease transaction involves a retail property located at 473 Grand Street in Brooklyn. The asking rent is set at $50 per square foot for a total area of 2,300 square feet. The lease term is structured for a duration of 10 years, classified as a single net lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $115,000
• Landlord: Charles Schwartz
• Tenant: Yoga Space NYC
• Brokers: Solomon Betesh & Morris Mishan - Momentum Realty Group
• Lease Term: 10 Years
• Lease Type: Single Net Lease

The transaction showcases the involvement of Charles Schwartz as the landlord and Yoga Space NYC as the tenant. The brokers facilitating the deal are Solomon Betesh and Morris Mishan from Momentum Realty Group, representing the rental agreement effectively.