Bashir Alsaedi Leases Retail Space To Vivala Pizza 86 At 86 Nassau Avenue Brooklyn
LEASED
New York
See Similar DealsRetail530 SF
Leased 12/01/2024
LEASED
Bashir Alsaedi Leases Retail Space To Vivala Pizza 86 At 86 Nassau Avenue Brooklyn
86 Nassau Avenue
See Similar DealsRetail530 SF
Leased 12/01/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$339
Total Square Footage:530 SF
Transaction Type:Lease
The retail property located at 86 Nassau Avenue in Brooklyn has a square footage of 530. The asking rent for the space is set at $339 per foot, and the lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $339/ft
- Lease Type: Modified Gross Lease
- Address: 86 Nassau Avenue
- Market: Brooklyn
- Landlord: Bashir Alsaedi
- Tenant: Vivala Pizza 86
- Landlord's Representative: Freddy Souid, Albert Manopla & Jack Khaski - KSR
- Tenant's Representative: Noam Aziz & Joseph Khojahiny - Meridian Capital Group
The deal involved key representatives, with Freddy Souid, Albert Manopla, and Jack Khaski representing the landlord, while Noam Aziz and Joseph Khojahiny represented the tenant in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$206,348.22
Total Lease Value
$2,063,482.23
Net Landlord Cash Flow$206,348.22
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