Retail Space in Williamsburg, Brooklyn Leased for $120/PSF
229 Kent Avenue leased by Half Full Hospitality from landlord Mendel Gold with the help of broker EXRNY.
Half Full Hospitality, a hospitality group that operates several bars and restaurants in New York City, has leased 2,600 SF of retail space in Williamsburg, Brooklyn for $120/PSF. The space, located at 229 Kent Avenue, consists of 1,500 SF on the ground floor, 800 SF below grade, and a 300 SF backyard.
The landlord, Mendel Gold, was represented by broker EXRNY. The asking rent for the space was $120/PSF.
Williamsburg, Brooklyn has become a popular destination for young professionals and millennials in recent years, with a thriving nightlife and restaurant scene. The area has seen a surge in development, with new luxury residential buildings and commercial spaces popping up all over the neighborhood.
This deal is a testament to the continued growth and demand for retail space in Williamsburg, Brooklyn. Half Full Hospitality’s decision to lease this space shows confidence in the area’s future and its potential for continued growth and success.