CPEX Real Estate has leased a 650 s/f retail space at 32 Court St. to Yofiore, a frozen yogurt store, according to Timothy King, principal of CPEX. King said the rent was close to the asking price of $14,000 a month, which reflects the strength of the market on Court Street in downtown Brooklyn.
The Yofiore leasing transaction was handled by Ryan Condren and Eric Altschul, associate directors of leasing for CPEX.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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