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Casper Signs Lease For Retail Condo In Williamsburg, Brooklyn

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LEASED

California

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Retail4,202 SF
Leased 06/03/2020
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LEASED

Casper Signs Lease For Retail Condo In Williamsburg, Brooklyn

66 N 3rd St, Brooklyn, Ny 11249, Usa

See Similar Deals
Retail4,202 SF
Leased 06/03/2020
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Summary

CALIFORNIA
Asset Type:Retail
Total Square Footage:4,202 SF
Transaction Type:Lease

The retail condo located at 66 N. 3rd Street in Williamsburg has recently undergone a transaction. The property spans 4,202 square feet and was acquired by tenant Casper. The landlord, David Dweck, facilitated the deal with the assistance of his representatives, Ralph Hanan and Brett Weinblatt from Compass Commercial NYC. The asking rent for the retail space was set at $120.

Summary of transaction details

  • Property Type: Retail Condo
  • Transaction Amount: Not specified
  • Tenant: Casper
  • Landlord: David Dweck
  • Landlord's Representative: Ralph Hanan, Brett Weinblatt from Compass Commercial NYC
  • Tenant's Representative: Mitchell Dearman
  • Address: 66 N. 3rd Street
  • Market: Williamsburg
  • Asking Rent: $120
  • Square Footage: 4,202

This transaction highlights the collaboration between tenant Casper and landlord David Dweck. The deal was facilitated by Mitchell Dearman as the tenant's representative. Ralph Hanan and Brett Weinblatt from Compass Commercial NYC represented the landlord in the negotiation process. This successful transaction demonstrates the continued growth and activity in Williamsburg's retail market.

Details

LEASED
IMAGE: @RalphHanan & Brett Weinblatt (@Blatt82) DATE: 06/03/2020 ADDRESS: 66 N. 3rd Street MARKET: Williamsburg ASSET TYPE: Retail Condo TENANT: @Casper LANDLORD: David Dweck LANDLORD’S REP: Ralph Hanan, Brett Weinblatt @CompassCommercialNYC TENANT’S REP: Mitchell Dearman ASKING RENT: $120 SF: 4,202

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Deal Type
Effective Rent (Annual)

$240,856.10

Total Lease Value

$2,408,561.04

Net Landlord Cash Flow$240,856.10