Brooklyn Basketball Academy Leases Industrial Space At 162 25th Street In New York City With Sam Hamway - REQCE Commercial
LEASED
$35
New York
See Similar DealsIndustrial6,500 SF
Leased 05/01/2023
LEASED
Brooklyn Basketball Academy Leases Industrial Space At 162 25th Street In New York City With Sam Hamway - REQCE Commercial
162 W 25th St New York, NY 10001, USA
See Similar DealsIndustrial6,500 SF
Leased 05/01/2023
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$35
Total Square Footage:6,500 SF
Transaction Type:Lease
The recently closed property transaction in New York City involved an industrial asset located at 162 25th Street. The property, spanning a total of 6,500 square feet, was leased by Brooklyn Basketball Academy. The deal took place on 05/01/2023 and the asking rent was set at $35 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Tenant: Brooklyn Basketball Academy
- Broker: Sam Hamway - REQCE Commercial
Sam Hamway from REQCE Commercial represented Brooklyn Basketball Academy as their broker in this deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$260,803.25
Total Lease Value
$2,608,032.54
Net Landlord Cash Flow$260,803.25
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