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Glamour Decorating Signs Modified Gross Lease At 335 37th Street In Sunset Park, Brooklyn

Property Image
LEASED
$30

New York

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Industrial4,000 SF
Leased 11/02/2023
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Property Image
LEASED

Glamour Decorating Signs Modified Gross Lease At 335 37th Street In Sunset Park, Brooklyn

335 37th Street

See Similar Deals
Industrial4,000 SF
Leased 11/02/2023
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$30
Total Square Footage:4,000 SF
Transaction Type:Lease

The industrial property located at 335 37th Street, in Sunset Park, Brooklyn, has been leased. The property spans 4,000 square feet and features an image provided by Meyer Dagmy. The lease transaction was completed on November 2, 2023.

Summary of transaction details

  • Property Type: Industrial
  • Market: Sunset Park, Brooklyn
  • Address: 335 37th Street
  • Tenant: Glamour Decorating
  • Landlord: Bruno Frustaci Contracting
  • Landlord's Representative: Mark Caso & Thomas Chamoun - Pinnacle Realty
  • Tenant's Representative: Meyer Dagmy - MOD
  • Asking Rent: $30/ft
  • Square Footage: 4,000
  • Lease Type: Modified Gross Lease

The landlord in this transaction is Bruno Frustaci Contracting, represented by Mark Caso and Thomas Chamoun from Pinnacle Realty. Glamour Decorating is the tenant, represented by Meyer Dagmy from MOD. The lease was a modified gross lease, and the asking rent was $30 per square foot. The deal was successfully completed, allowing Glamour Decorating to lease the industrial space at 335 37th Street in Sunset Park.

Players

Meyer Dagmy
87 deals$5.5M volume(718) 249-3613
BROKER

Mark Caso
Pinnacle Realty of New York
4 deals$4.8M volume(718) 371-6419
BROKER

Thomas (Tom) Chamoun
Pinnacle Realty of New York
2 deals$4.7M volume(718) 371-6377
BROKER

Details

LEASED
IMAGE: Meyer Dagmy DATE: 11/02/2023 ADDRESS: 335 37th Street MARKET: Sunset Park, Brooklyn ASSET TYPE: Industrial LANDLORD: Bruno Frustaci Contracting (@Bruno_Frustaci_Contracting_Inc) TENANT: Glamour Decorating (@GlamourDecorating) LANDLORD'S REP: Mark Caso & Thomas Chamoun - Pinnacle Realty TENANT'S REP: Meyer Dagmy (@Mod_cre) - MOD ASKING RENT: $30/ft ~ SF: 4,000 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$137,566.55

Total Lease Value

$1,375,665.52

Net Landlord Cash Flow$137,566.55