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Listen Brooklyn Leases Industrial Space In Bushwick, Brooklyn To Join The Block

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LEASED
$60

New York

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Industrial4,400 SF
Leased 11/15/2023
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Property Image
LEASED

Listen Brooklyn Leases Industrial Space In Bushwick, Brooklyn To Join The Block

198 Randolph Street & 200 Randolph Street

See Similar Deals
Industrial4,400 SF
Leased 11/15/2023
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$60
Total Square Footage:4,400 SF
Transaction Type:Lease

An industrial space located at 198-200 Randolph Street in the vibrant Bushwick market has been leased. The property measures 2,200 square feet and features a ground floor 'rarehouse' with tall ceilings. The lease term is 10 years with an asking rent of $60 per square foot. The lease type is NNN (Triple Net Lease). Eric Cohen is the landlord of the property.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not Applicable
  • Address: 198-200 Randolph St
  • Market: Bushwick, Brooklyn
  • Tenant: Listen Brooklyn
  • Broker: Corey Cohen - The Roebling Group
  • Asking Rent: $60/ft
  • Square Footage: 2,200
  • Lease Type: NNN Lease
  • Lease Term: 10 years

An industrial space located at 198-200 Randolph Street in Bushwick has been leased by Listen Brooklyn. The Block, as the property is known, has become a hub for creatives and legacy brands, housing various well-known names. With its industrial charm and 19' ceilings, The Block provides an ideal space for expression. Listen Brooklyn, known for their best-in-class speaker equipment and music-oriented culture, is set to elevate the neighborhood's cool atmosphere even further. Corey Cohen from The Roebling Group represented Eric Cohen, the landlord, in this transaction.

For more information about the property, please reach out to Corey Cohen at @mrcoreycohen or Eric Cohen at @ebccapital_.

Players

5 deals(646) 906-9054
BROKER

Details

LEASED
IMAGE: Eric Cohen & Corey Cohen DATE: 11/15/2023 ADDRESS: 198-200 Randolph St MARKET: Bushwick, Brooklyn ASSET TYPE: Industrial LANDLORD: Eric Cohen (@Ebccapital_) TENANT: Listen Brooklyn (@ListenBrooklyn) BROKER: Corey Cohen (@MrCoreyCohen) - The Roebling Group (@RoeblingGroup) ASKING RENT: $60/ft ~ SF: 2,200 LEASE TYPE: NNN Lease LEASE TERM: 10 years NOTE FROM BROKER: An industrial space located at 198-200 Randolph Street in the vibrant Bushwick market has been leased. Listen Brooklyn joins The Block, bringing a fresh nightlife concept to the community. The Block has been repositioned for tastemakers, creators, and innovators alike offering a ground floor 'rarehouse' with tall ceilings. Utilizing the 2200 square feet of industrial space, Listen Brooklyn is set to transform the scene with their best in class speaker equipment and musical oriented colture. The Block has become a haven for creatives and legacy brands, housing names like Vans, Valrhona, New York Distilling Company, Meyerbrau, Rinse, and East Coast Essential Oils.The industrial charm and 19' ceilings make The Block an ideal space for expression, and we're confident that Listen Brooklyn will elevate the neighborhood's cool atmosphere even further. Eric Cohen is the landlord of Listen Brooklyn and Corey Cohen from The Roebling Group represented the landlord's interests. For more information about the property, please reach out to Corey Cohen at @mrcoreycohen or Eric Cohen at @ebccapital_.

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Deal Type
Effective Rent (Annual)

$302,646.41

Total Lease Value

$3,026,464.14

Net Landlord Cash Flow$302,646.41