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Chalk PreSchool Leases Retail Condo In Cobble Hill For $600,000 With CPEX Real Estate As Brokers

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LEASED

New York

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6,000 SF
Leased 01/17/2019
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LEASED

Chalk PreSchool Leases Retail Condo In Cobble Hill For $600,000 With CPEX Real Estate As Brokers

112 Atlantic Avenue, Brooklyn, NY, USA

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6,000 SF
Leased 01/17/2019
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Summary

NEW YORK
Total Square Footage:6,000 SF
Transaction Type:Lease

A retail condo located at 112 Atlantic Avenue in Cobble Hill has recently been leased. The property, spanning 6,000 square feet, was leased to @ChalkPreSchool. The lease was facilitated by brokers Ryan Condren and George Danut from CPEX Real Estate. The retail condo is owned by Avery Hall Investments and OTL Enterprises. The lease transaction took place on January 17, 2019. The price per square foot for the lease was $100.

Summary of transaction details

  • Property Type: Retail Condo
  • Transaction Amount: N/A
  • Address: 112 Atlantic Avenue
  • Market: Cobble Hill
  • Tenant: @ChalkPreSchool
  • Landlord: Avery Hall Investments & OTL Enterprises
  • Square Footage: 6,000 SF
  • Price Per Square Foot: $100

The lease transaction for the retail condo at 112 Atlantic Avenue was facilitated by Ryan Condren and George Danut from CPEX Real Estate.

Players

George Danut
4 deals
BROKER

Ryan Condren
JLL
7 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: Avi Fisher, Ryan Condren, Brian Ezra, George Danut & John Carson DATE: 01/17/2019 ADDRESS: 112 Atlantic Avenue MARKET: Cobble Hill ASSET TYPE: Retail Condo TENANT: @ChalkPreSchool LANDLORD: Avery Hall Investments & OTL Enterprises SF: 6,000 ~ PPSF: $100 BROKERS: Ryan Condren & George Danut @CPEXRealEstate

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Deal Type
Effective Rent (Annual)

$343,916.38

Total Lease Value

$3,439,163.79

Net Landlord Cash Flow$343,916.38