Rabsky Group Leases Retail Space At 945 Bergen Street To Wonu Studio For 5 Years

This retail space is located at 945 Bergen Street in the Brooklyn market, featuring a total square footage of 1,000. The landlord is Rabsky Group, which has engaged in a lease agreement for a period of 5 years at an asking rent of $65 per square foot. The lease type is a Single Net Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $65/ft
• Lease Term: 5 Years
• Lease Type: Single Net Lease
• Landlord: Rabsky Group
• Tenant: Wonu Studio
• Landlord's Representative: John Le Vine, Ryan Tooley & David Korn - EXR

The lease was successfully executed within 90 days after EXR took over the leasing from another broker, who had the space vacant for over a year. EXR Commercial is notably active in the Crown Heights area, having executed over 50,000 square feet of retail space in the past 36 months.