EXRSomerset Represents SouthBoxGym In Lease At 171 Lincoln Avenue In Mott Haven
LEASED
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See Similar DealsLeased 02/12/2020
LEASED
EXRSomerset Represents SouthBoxGym In Lease At 171 Lincoln Avenue In Mott Haven
Leased 02/12/2020
Summary
Transaction Type:Lease
171 Lincoln Avenue, located in the Mott Haven market, recently closed a transaction. The industrial property, spanning 3,000 square feet, was involved in the deal. The deal was facilitated by the brokerage firm EXR Somerset, with Andrew Roth as the representative. The transaction details include an asking rent of $24 per square foot.
Summary of transaction details
- Property Type: Industrial
- Address: 171 Lincoln Avenue
- Market: Mott Haven
- Broker: Andrew Roth - EXR Somerset
- Asking Rent: $24 SF
- Square Footage: 3,000
The tenant, SouthBoxGym, represented by Eric Kelly, entered into the deal with landlord Angie Ortega of Angies Warehouse LLC. The involvement of these individuals highlights the parties involved in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$573,193.97
Total Lease Value
$5,731,939.66
Net Landlord Cash Flow$573,193.97
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