Aloha Krab Leases Retail Space In Brooklyn For $60/ft

The retail property located at 438 Utica Avenue in Brooklyn has been leased. The transaction was finalized on 01/08/2021. The property, spanning 1,617 square feet, was leased by Aloha Krab. The landlord for this lease agreement is Soly A. Bawabeh and Eddie Mizrachi. The leasing deal was facilitated by brokers Josh Augenbaum from Augenbaum Realty NY and Bruce Herman from Booth Capital Realty. The asking rent for the property was $60 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: N/A
• Address: 438 Utica Avenue, Brooklyn
• Market: Brooklyn
• Tenant: Aloha Krab
• Landlord: Soly A. Bawabeh and Eddie Mizrachi
• Brokers: Josh Augenbaum from Augenbaum Realty NY and Bruce Herman from Booth Capital Realty
• Asking Rent: $60 per square foot

Josh Augenbaum from Augenbaum Realty NY and Bruce Herman from Booth Capital Realty played key roles as brokers in this lease transaction. They represented the tenant and landlord respectively.