Mathew Isaac Leases Industrial Space To BW WoodWorks At 2413 Atlantic Avenue Brooklyn For $24/SF

2413 Atlantic Avenue is an industrial asset located in Brooklyn, featuring 3,300 square feet of warehouse space with 15-foot ceilings and an overhead door. The property was leased for a term of five years under a modified gross lease at an asking rent of $24 per square foot. The lease was signed 15 days after the listing went live.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $24/ft
• Square Footage: 3,300
• Address: 2413 Atlantic Avenue
• Market: Brooklyn
• Landlord: Mathew Isaac
• Tenant: BW WoodWorks
• Broker: Raymond Mordekhai - Forest Park Properties Inc.
• Lease Term: 5 Years
• Lease Type: Modified Gross Lease

The deal involved landlord Mathew Isaac and tenant BW WoodWorks, represented by broker Raymond Mordekhai from Forest Park Properties Inc. A notable point in the transaction is that there remains a corner space of 3,100 square feet with a full basement available at the same asking rent of $24 per square foot, marking it as the last available space in the building.