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The Social Leases 2700 Sq Ft Commercial Space In Brooklyn To ELH Management

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LEASED
Timothy D. King
Peter Schubert
+ 1

New York

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Commercial2,700 SF
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LEASED

The Social Leases 2700 Sq Ft Commercial Space In Brooklyn To ELH Management

816 Washington Ave, Brooklyn, NY, 11...

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Commercial2,700 SF
Timothy D. King
Peter Schubert
+ 1
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Summary

NEW YORK
Asset Type:Commercial
Price Per Square Foot:$0
Total Square Footage:2,700 SF
Transaction Type:Lease

The commercial property located at 816 Washington Ave, Brooklyn, NY, 11238, with a total area of 2,700 square feet, was leased in a recent transaction. The tenant, The Social, secured this space from the landlord, ELH Management. The deal was facilitated by Tenant's Representative Peter Schubert of Terra CRG, and on the landlord's side, representation was provided by Ryan Parsons of SVN, along with Timothy D. King from SVN.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: Not Applicable
  • Market: Brooklyn
  • Tenant: The Social
  • Landlord: ELH Management
  • Tenant's Rep: Peter Schubert (Terra CRG)
  • Landlord's Rep: Ryan Parsons (SVN), Timothy D. King (SVN), Timothy "Tim" King (SVN)
  • Square Feet: 2700

In this leasing agreement, the tenant, The Social, found a suitable location at 816 Washington Ave, Brooklyn, NY, 11238, with the assistance of their representative, Peter Schubert from Terra CRG. ELH Management served as the landlord, and their representation was handled by Ryan Parsons and Timothy D. King, both from SVN.

Players

Peter Schubert
7 deals$2.2M volume
BROKER

Timothy D. King
2 deals
BROKER



LANDLORD

Details

LEASED
IMAGE: 816 Washington Ave, Brooklyn, NY, 11... MARKET: Brooklyn ASSET TYPE: Commercial TENANT'S REP: Peter Schubert(Terra CRG) LANDLORD'S REP: Ryan Parsons(SVN), Timothy D. King(), Timothy "Tim" King(SVN) TENANT: The Social LANDLORD: ELH Management SQUARE FEET: 2700

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Deal Type
Effective Rent (Annual)

$154,762.37

Total Lease Value

$1,547,623.71

Net Landlord Cash Flow$154,762.37