Dib Management's Industrial Property In Sunset, Brooklyn Leased To 2020 Night Club
225 47th Street
130,000 SF
Summary
225 47th Street, located in the Sunset neighborhood of Brooklyn, has been sold in a closed transaction. The industrial property spans 13,000 square feet and is situated in a bustling market. The transaction involved Dib Management, represented by Roger Dib, as the landlord. The tenant is 2020 Night Club, who will now occupy the space. The deal was facilitated by Julio Reyes, an agent from an undisclosed agency.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Tenant: 2020 Night Club
- Landlord: Dib Management - Roger Dib
- Broker: Julio Reyes
- Asking Rent: $19
- Square Footage: 13,000
Julio Reyes, a broker from an undisclosed agency, played a crucial role in facilitating this transaction. With his expertise, he successfully matched the tenant, 2020 Night Club, with the industrial property at 225 47th Street. The landlord, Dib Management, represented by Roger Dib, agreed to the deal. Details such as the sale price and loan amount were not provided. Nonetheless, the transaction marks a significant milestone in the commercial real estate market of Sunset, Brooklyn.
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