CPEX Real Estate has arranged the lease of a retail space at 1432 Myrtle Ave. in the Bushwick neighborhood. The property featured 35 ft. of frontage on Myrtle Ave. and Bleecker St. The space included 933 s/f of retail space as well as an additional 900 s/f of basement space. The rent of $4,400 per month worked out to a price of approximately $56.50 per s/f. The lease was arranged by the retail leasing team of Eric Altschul and Ryan Condren under the direction of senior managing director Timothy King.
The tenant at this location is Subway. This makes ten food related leases that Altschul and Condren have executed as a team at CPEX .
CPEX was founded in 2008 to provide a full range of services exclusively for real estate and business owners, property managers and institutions. These services include: Leasing, Investment & Capital Market Sales, and Advisory Services. Tags: