Street: New Lots Avenue
Type: Retail Store
Neighborhood: East New York
Web ID: CRG3222
Square Feet: 1,640
Agent: Michael Corley
Phone: (718) 569-5760
Store Description: retail store with entrance on New Lots Ave with exclusive backyard use plus partial basement storage.
Location Accessibility: around corner from 3 train New Lots Ave subway station with B15 MTA bus service on New Lots Ave (with B6 and B84 bus service available at Ashford Street)
Space for Lease: 1,260 sq ft store / 80 sq ft backyard / 300 sq ft basement
Total Space for Lease: 1,640 sq ft
Rate: $2,625 / Month [ $1.60 per sq ft ]
Tenant Pays: Electricity / Gas / Cable / Internet
Owner Pays: Water / Property Taxes
Offered: initial 5 year lease with 5% annual rent increase with option for 5 year renewal.
Current Use: Beauty Salon
Upgrades / Improvements: Store has own furnace & HWH / electrical re-wiring / storefront window display and entrance.
To Lease: $10,500 at lease signing (3 months rent plus 1 month security) / Business Liability Insurance
Initial Lease Concession: Landlord grants Tenant 1st 60 days free on lease to remodel premises for business purpose with leasing contingencies met.
Leasing Contingencies: business liability insurance / storefront signage permit