Coney Island Pharmacy Signs 10 Year Lease At 2386 Coney Island Avenue In Brooklyn

The property asset involved in this transaction is a retail space located at 2386 Coney Island Avenue in Brooklyn. The total square footage of the asset is 5,000 square feet, with an asking rent of $50 per square foot. The lease agreement is structured as a single net lease and has a term of 10 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $250,000
• Landlord: RMBH Realty
• Tenant: Coney Island Pharmacy
• Brokers: Moshe Akiva & Isaac Abed - Momentum Realty Group

The deal features representation by brokers Moshe Akiva and Isaac Abed from Momentum Realty Group, highlighting their role in facilitating the agreement between the landlord and tenant involved in the lease transaction.