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The Block Leases Industrial Space To Casa Tua At 83 Gardner Avenue Brooklyn For $40/ft

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LEASED
$40

New York

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Industrial3,651 SF
Leased
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Property Image
LEASED

The Block Leases Industrial Space To Casa Tua At 83 Gardner Avenue Brooklyn For $40/ft

83 Gardner Avenue

See Similar Deals
Industrial3,651 SF
Leased
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$40
Total Square Footage:3651 SF
Transaction Type:Lease

The property involved in this transaction is an industrial asset located at 83 Gardner Avenue in Brooklyn. It has an asking rent of $40 per square foot and encompasses a total area of 3,651 square feet. The lease is classified as a modified gross lease.

Summary of transaction details:

This lease transaction was facilitated by key representatives in the industry, with Corey Cohen and Eitan Hakami representing the landlord, The Block, while Joe Robinson represented the tenant, Casa Tua.

Players

5 deals(646) 906-9054
BROKER


Joe Robinson
Newmark
1 deal
BROKER

Details

LEASED
IMAGE: Corey Cohen, Joe Robinson, Miky Grendene, Leticia Grendene, Eric Cohen & Eitan Hakami DATE: 09/01/2024 ADDRESS: 83 Gardner Avenue MARKET: Brooklyn ASSET TYPE: Industrial LANDLORD: The Block (@EBCCapitalllc) TENANT: Casa Tua LANDLORD'S REP: Corey Cohen & Eitan Hakami - Greiner-Maltz Real Estate (@GreinerMaltz) TENANT'S REP: Joe Robinson - Newmark (@Newmark) ASKING RENT: $40/ft ~ SF: 3,651 LEASE TYPE: Modified Gross Lease NOTE FROM LANDLORD: The Block (@ebccapitalllc) has set the gold standard for repurposed industrial space in East Williamsburg. 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 Skatespace @vansskate, Valrhona @valrhonausa, New York Distilling Company @nydistilling, and Eckhart Beer @eckhartbeer. Additional opportunities at @ebccapitalllc are 6,100sf with 20' ceilings.

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Deal Type
Effective Rent (Annual)

$167,418.49

Total Lease Value

$1,674,184.93

Net Landlord Cash Flow$167,418.49