Hello Living and TriState Commercial secure 7,500 s/f lease for WOODstack

Brooklyn, NY Hello Living LLC has secured the first commercial retail tenant at Hello Flatbush, at 1357 Flatbush Ave. WOODstack will be occupying 7,500 s/f. Asking rent was $55 per s/f.

Hello Flatbush, 1357 Flatbush Avenue - Brooklyn, NY

The 15-year lease was brokered by Sunny Singh, president, WOODstack, in conjunction with Shlomi Bagdadi, president, Avi Akiva, vice president, and Chandler Slate, senior director of TriState Commercial Real Estate Services, who was acting as agent for both Hello Living and WOODstack.

“We are thrilled to welcome an innovative and community-oriented merchant such as WOODstack to Hello Flatbush as our first commercial retail tenant,” said Eli Karp, founder and CEO of Hello Living. “WOODstack embodies the same core principles as our company, which include our proud Brooklyn roots, and drawing inspiration from the vibrant neighborhoods we call home. We are proud to work with WOODstack as they transform the space into their own.”

“WOODstack is truly excited about opening our sixth retail post in Brooklyn, where we introduced our first boutique back in 2011. This is an exciting time for our company, and the Flatbush location enables us to enter a retail corridor that offers our unique customer experience to the residents of Flatbush and Ditmas Park. Construction is currently underway and we look forward to opening this outpost in early April,” said Tony Forte, partner & SVP, sales and marketing, WOODstack.

“Since arriving in Brooklyn in 2011, WOODstack has quickly carved out a niche for themselves as a proud inner-city boutique anchored in incomparable community service and benchmark customer service. Shopping at WOODstack is an experience for locals and visitors alike, as the brands they offer carry an energetic vibe. Their story is one of the inner-city itself and each outpost represents the neighborhoods they enter in a very significant way. We are pleased to represent this incredible tenant and look forward to visiting the Flatbush location,” said Bagdadi.

Tags: Brokerage

Reprint

Previous Story Next Story

Reynolds, Davila and Loch of Investment Property Realty Group close $3.735 million sale of 216, 218, 220 East 179th St.

Bronx, NY Investment Property Realty Group (IPRG) closed the sale of 216, 218, 220 East 179th St., a development site located in the Mount Hope section of the city, for $3.735 million.

Investment Property Realty Group closes $2.9 million sale of 42 Richardson St.

IPRG closes $2.9m sale of 42 Richardson St.

Investment Property Realty Group closes $9.4 million sale of 73 Warren St.

IPRG closes $9.4m sale of 73 Warren St.

Investment Property Realty Group closes $1.7 million sale of 491 East 166th St.

IPRG closes $1.7m sale of 491 East 166th St.

Investment Property Realty Group closes $3 million sale of 4,350 s/f mixed-use building at 709 Fulton St.

IPRG closes $3m sale of mixed-use building at 709 Fulton St.

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Movers & Milestones

Marcus & Millichap selects Deferred as preferred 1031 exchange provider

Columns and Thought Leadership

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,