The Block Leases Industrial Space To Casa Tua At 83 Gardner Avenue Brooklyn For $40/ft
LEASED
New York
See Similar DealsIndustrial3,651 SF
Leased
LEASED
The Block Leases Industrial Space To Casa Tua At 83 Gardner Avenue Brooklyn For $40/ft
83 Gardner Avenue
See Similar DealsIndustrial3,651 SF
Leased
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:
- Property Type: Industrial
- Transaction Amount: $40/ft
- Address: 83 Gardner Avenue
- Market: Brooklyn
- Landlord: The Block
- Tenant: Casa Tua
- Landlord's Rep: Corey Cohen & Eitan Hakami - Greiner-Maltz Real Estate
- Tenant's Rep: Joe Robinson - Newmark
- Lease Type: Modified Gross Lease
- Square Footage: 3,651
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.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$167,418.49
Total Lease Value
$1,674,184.93
Net Landlord Cash Flow$167,418.49
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