Flatbush strip mall finally lands three retailers

Starbucks, video game store, eyeglass shop attracted by Barclays Center

New York /
Oct.October 08, 2013 03:20 PM

A video game store, an eyeglass shop and Starbucks are moving into 395 Flatbush Avenue Extension, a strip mall that had been peppered with vacancies for years.

Game Champ, which both sells and repairs video games, and Cohen’s Fashion Optical signed leases in the last month, Zach Mishaan of Winick Realty Group, who handled all the transactions for Rabina Properties, told The Real Deal today. Starbucks inked its deal a few months ago. Rent for each space: $150 per square foot.

Mishaan credited the Barclays Center with bringing attention to Downtown Brooklyn, about a half mile away. Mishaan estimated that retail rents in the submarket have at least doubled since the arena opened.

“As the Barclay’s Center continues to expand the need for retail on the strip, and as nearby residential and business developments attract more customers, the Flatbush Avenue corridor continues to grow,” he said.

Starbucks took a 1,243-square-foot storefront, Game Champ leased 1,107 square feet and Cohen’s signed for 1,100 square feet. Diana Boutross, also of Winick, represented Starbucks and Cohen’s; colleague Matthew Schuss helped on the Cohen’s deal. Mishaan represented both sides in the Game Champ deal.

Starbucks opened this week; the other two stores will be open within 60 days, Mishaan said.

The storefronts have frontage on the busy corner of DeKalb Avenue and Flatbush Avenue Extension, across the street from Long Island University.

A 3,343-square-foot space is still available for lease in 395 Flatbush Avenue Extension, with the same asking rent as the other spaces.


Related Articles

arrow_forward_ios
Comic Strip Live at 1568 Second Ave (Google Maps, iStock/Illustration by Alexis Manrodt for The Real Deal)
Comic Strip Live’s Upper East Side building up for lease
Comic Strip Live’s Upper East Side building up for lease
Madison Square Garden on March 26, 2020 (Credit: Debra L Rothenberg/Getty Images)
That empty feeling: Pandemic crushing New York event venues
That empty feeling: Pandemic crushing New York event venues
Former Forest City CEO MaryAnne Gilmartin and P.C. Richard executive Thomas Pohmer with Site 5 at Flatbush and Atlantic Avenues (Credit: Getty Images, IMA Long Island, and Google Maps)
Why nothing ever gets built on this Pacific Park site
Why nothing ever gets built on this Pacific Park site
Ross Burack (Credit: Winick)
Winick broker accused of “fraudulent scheme” involving sex worker in new suit
Winick broker accused of “fraudulent scheme” involving sex worker in new suit
Alibaba co-founder Joseph Tsai with Nassau Coliseum in Uniondale and Barclays Center in Brooklyn (Credit: Getty Images, SHoP Architects, and Barclays Center)
Alibaba’s Joseph Tsai in talks to buy Barclays Center, Nassau Coliseum: report
Alibaba’s Joseph Tsai in talks to buy Barclays Center, Nassau Coliseum: report
Jeff Winick owes NY state $1.2M in taxes
Jeff Winick owes NY state $1.2M in taxes
Jeff Winick owes NY state $1.2M in taxes
Darrell Rubens moves to RKF
Darrell Rubens moves to RKF
Darrell Rubens moves to RKF
Nothing but Nyet: Prokhorov moves basketball team’s corporate HQ out of Barclays Center
Nothing but Nyet: Prokhorov moves basketball team’s corporate HQ out of Barclays Center
Nothing but Nyet: Prokhorov moves basketball team’s corporate HQ out of Barclays Center
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...