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Ben Imani Leases Industrial Space To Metro World Child Foundation Inc At 74-80 Georgia Avenue

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LEASED
$15,000

New York

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Industrial14,250 SF
Leased 12/22/2025
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Property Image
LEASED

Ben Imani Leases Industrial Space To Metro World Child Foundation Inc At 74-80 Georgia Avenue

74 Georgia Avenue

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Industrial14,250 SF
Leased 12/22/2025
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$15,000
Total Square Footage:14,250 SF
Transaction Type:Lease

The lease involves an industrial property located at 74-80 Georgia Avenue in Brooklyn. It encompasses approximately 14,250 square feet, which includes 6,750 square feet of industrial warehouse/mezzanine space and 7,500 square feet of yard space. The asking rent is set at $12.63 per square foot, resulting in a monthly rent of $15,000. The lease term is established for 10 years under a modified gross lease. The deal reflects a breakdown of approximately $17.78 per square foot for the building and $8.00 per square foot for the yard space.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $15,000 monthly rent
  • Lease Term: 10 Years
  • Landlord: Ben Imani
  • Tenant: Metro World Child Foundation Inc
  • Brokers: Jacques Wadler & Vincent Lopez - Knickerbocker Realty Group
  • Address: 74-80 Georgia Avenue, Brooklyn
  • Asking Rent: $12.63/ft
  • Total SF: 14,250
  • Breakdown: Approx. $17.78 PSF for the building; $8.00 PSF for the yard space

This transaction was successfully facilitated by the brokers Jacques Wadler and Vincent Lopez, who represent both the landlord and the tenant. Their involvement showcases their expertise in handling commercial real estate transactions.

Players

Jacques Wadler
11 deals$15.8M volume(718) 928-9908
BROKER

Vincent Lopez
Knickerbocker Realty Group
10 deals$15.8M volume(718) 385-3811
BROKER

Knickerbocker Realty Group
BROKERAGE

Details

LEASED
IMAGE: Jacques Wadler & Vincent Lopez DATE: 12/22/2025 ADDRESS: 74-80 Georgia Avenue MARKET: Brooklyn ASSET TYPE: Industrial LANDLORD: Ben Imani TENANT: Metro World Child Foundation Inc BROKERS: Jacques Wadler & Vincent Lopez - Knickerbocker Realty Group (@KRGNYC) ASKING RENT: $12.63/ft ~ SF: 14,250 MONTHLY RENT: $15,000 LEASE TERM: 10 Years LEASE TYPE: Modified Gross Lease NOTE FROM BROKER: Knickerbocker Realty Group has successfully closed the lease of 74–80 Georgia Avenue in the East New York section of Brooklyn. The transaction was facilitated by brokers, Jacques Wadler and Vincent Lopez of Knickerbocker Realty Group, representing both the tenant and the landlord. The property features approximately 6,750 SF of industrial warehouse/mezzanine space, along with 7,500 SF of yard space. The deal breaks down to approximately $17.78 PSF for the 2-story 6,750 SF building and $8.00 PSF for the 7,500 SF yard space. For all your commercial real estate needs contact Knickerbocker Realty Group at 718-928-0300 or [email protected].

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Deal Type
Effective Rent (Annual)

$245,040,420.28

Total Lease Value

$2,450,404,202.83

Net Landlord Cash Flow$245,040,420.28