Widdi Mohmoud & Jason Moore Lease Retail Spaces At 659 And 661 Vanderbilt Avenue In Brooklyn

The property involved in the transaction is located at 659 Vanderbilt Avenue and 661 Vanderbilt Avenue in Brooklyn. It is categorized as retail space with an area of 2,000 square feet. The annual rent for the leased property is set at $234,000, translating to an asking rent of $117 per square foot. The lease type for this property is classified as a Modified Gross Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $234,000
• Address: 659 Vanderbilt Avenue & 661 Vanderbilt Avenue
• Market: Brooklyn
• Landlord: Widdi Mohmoud & Jason Moore
• Broker: James Monteleone - All Points Real Estate
• Lease Type: Modified Gross Lease
• Square Feet: 2,000
• Asking Rent: $117/ft

James Monteleone from All Points Real Estate represents the landlords in this lease transaction. The previous occupants of both spaces were the long-time favorite Olmsted Restaurant. The new tenant is expected to occupy both spaces with a promising concept that is anticipated to achieve notable success.