Marx Realty Brings Chick-fil-A to Brooklyn with 6,000 SF Ground Lease for First Ground-up Location in New York City

July 18, 2022 

Marx Realty (MNPP), a New York-based owner, developer and manager of office, retail and multifamily property across the United States, announced today it has signed a 20-year, 6,000-square-foot ground lease with Atlanta-based Chick-fil-A. The existing three-story office building at 1573 Flatbush Ave. in the Midwood section of Brooklyn will be demolished for the fast food restaurant to build its first ground-up, stand-alone New York City outpost. 

“The site proved to be a more attractive long-term option for a retail food use and we’re excited to partner with this very popular restaurant group,” said Craig Deitelzweig, president and CEO of Marx Realty. “The Chick-fil-A store will bring a renewed energy to this bustling neighborhood with this first ground-up New York City location.” 

Marx Realty was represented in-house by Henry Henderson and Michael Friedman of Inline Realty and Jeremy Ezra of Newmark represented Chick-fil-A. Rents in the area range from $90-125 per square foot. 

From New York City to Los Angeles, Chick-fil-A restaurants span the country from coast to coast. Now in 47 states and counting, the restaurant chain opened an in-line store in Brooklyn in 2019. The chain has more than a dozen locations throughout the five boroughs, most of which are in Manhattan.