JoJa Chix Leases Restaurant At 1809 Emmons Avenue In Brooklyn For $60 Per Foot
LEASED
New York
See Similar DealsRetail10,000 SF
Leased 12/23/2025
LEASED
JoJa Chix Leases Restaurant At 1809 Emmons Avenue In Brooklyn For $60 Per Foot
1809 Emmons Avenue
See Similar DealsRetail10,000 SF
Leased 12/23/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$60
Total Square Footage:10,000 SF
Transaction Type:Lease
The asset involved in this transaction is a restaurant located at 1809 Emmons Avenue in Brooklyn. The lease type is a Modified Gross Lease, with an asking rent of $60 per square foot for a total of 10,000 square feet.
Summary of transation details:
- Property Type: Restaurant
- Transaction Amount: $600,000
- Address: 1809 Emmons Avenue
- Market: Brooklyn
- Tenant: JoJa Chix, Wine & Vine Hospitality Group
- Landlord's Representative: Arsen Atbashyan - Commercial Acquisitions
- Tenant's Representative: Denis Abayev - Commercial Acquisitions
The deal involves two primary representatives from Commercial Acquisitions: Arsen Atbashyan representing the landlord and Denis Abayev representing the tenant. Their engagement highlights the collaboration required in securing the lease for JoJa Chix under the terms outlined.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$687,832.76
Total Lease Value
$6,878,327.59
Net Landlord Cash Flow$687,832.76
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