Menachem Deutsch Leases Industrial Space From Landlord David Aosi At 517 East 82nd Street

The property involved in this transaction is an industrial asset located at 517 East 82nd Street in Brooklyn. The asset encompasses a total square footage of 5,000 and is being leased at an asking rent of $24 per square foot, which equates to a monthly rent of $10,000. The lease term for this modified gross lease spans 5 years.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $600,000
• Address: 517 East 82nd Street
• Market: Brooklyn
• Landlord: David Aosi
• Tenant: Menachem Deutsch
• Brokers: Barak Sharabi, Jacques Wadler & Vincent Lopez - Knickerbocker Realty Group
• Asking Rent: $24/ft
• Monthly Rent: $10,000
• Lease Term: 5 Years
• Lease Type: Modified Gross Lease

The transaction involves key figures including landlord David Aosi and tenant Menachem Deutsch, with representation by Barak Sharabi, Jacques Wadler, and Vincent Lopez from Knickerbocker Realty Group, highlighting the brokerage's role in facilitating this lease agreement.