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Eckhart Beer Co Leases Industrial Space In Bushwick, Brooklyn

Property Image
LEASED
$39
 Christopher (Chris) Cavorti
Donald Lai
+ 1

New York

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Industrial7,500 SF
Leased 06/01/2023
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Property Image
LEASED

Eckhart Beer Co Leases Industrial Space In Bushwick, Brooklyn

545 Johnson Ave Brooklyn, NY 11237, USA

See Similar Deals
Industrial7,500 SF
Leased 06/01/2023
 Christopher (Chris) Cavorti
Donald Lai
+ 1
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$39
Total Square Footage:7,500 SF
Transaction Type:Lease

The industrial property at 545 Johnson Avenue in New York City has recently been leased. The landlord, Eric Cohen, has found a tenant in Eckhart Beer Co, represented by Nicholas Meyer. The lease was facilitated by brokers Corey Cohen, Chris Cavorti, and Donald Lai from The Corcoran Group. The asking rent for the 7,500 square feet space was $39 per square foot.

Summary of transaction details:

Eckhart Beer Co's decision to lease the space at 545 Johnson Avenue was influenced by the appeal of the Bushwick neighborhood and the impressive industrial atmosphere of the building. The Block, where the property is located, has become a sought-after destination for tenants looking to establish a presence in the vibrant Brooklyn community. Notable tenants currently occupying space at The Block include Vans, Valrhona, New York Distilling Company, and Eckhart Beer Co.

Those interested in exploring further opportunities at The Block can consider a 22,310 square feet space, a 22,310 square feet roof deck, and a 3,561 square feet space. For more information, it is advised to reach out to Mr. Corey Cohen.

Players

 Christopher (Chris) Cavorti
7 deals$50.5M volume(914) 804-7091
BROKER


Donald Lai
The Corcoran Group
4 deals$4.2M volume(917) 947-9917
BROKER

Details

LEASED
IMAGE: Eric Cohen, Corey Cohen, Chris Cavorti & Donald Lai DATE: 06/01/2023 ADDRESS: 545 Johnson Avenue MARKET: New York City ASSET TYPE: Industrial LANDLORD: Eric Cohen TENANT: Eckhart Beer Co - Nicholas Meyer BROKERS: Corey Cohen (@MrCoreyCohen), Chris Cavorti & Donald Lai - The Corcoran Group (@TheCorcoranGroup) ASKING RENT: $39/ft ~ SF: 7,500 NOTE FROM @RoeblingGroup: The Block (@theblockbk) has set the gold standard for repurposed industrial space in Bushwick. Ground floor ‘rarehouse’ with tall ceilings has been drawing strong Tenants attracted to the neighborhood’s Brooklyn cool where they can plant their flag and create maximum impact. Current Tenants include Vans, Valrhona, New York Distilling Company, and Eckhart Beer Co.. Additional opportunities at @theblockbk include a 22,310sf + a 22,310sf roof deck along with a 3,561sf space. For more information please reach out to @mrcoreycohen. -EckhartBeerCo

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Deal Type
Effective Rent (Annual)

$335,318.47

Total Lease Value

$3,353,184.70

Net Landlord Cash Flow$335,318.47