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Puerto Rican Family Institute INC Leases Mixed-Use Space In Bushwick With Tri State Commercial Realty LLC's Rep

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LEASED

New York

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Mixed-use6,000 SF
Leased 05/02/2022
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Property Image
LEASED

Puerto Rican Family Institute INC Leases Mixed-Use Space In Bushwick With Tri State Commercial Realty LLC's Rep

12 Park Street, Brooklyn, New York 11206, United States

See Similar Deals
Mixed-use6,000 SF
Leased 05/02/2022
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Summary

NEW YORK
Asset Type:Mixed-use
Total Square Footage:6,000 SF
Transaction Type:Lease

Located at 12 Park St. in Bushwick, this mixed-use property was recently leased. The transaction took place on 05/02/2022, with the tenant being the Puerto Rican Family Institute INC. The landlord, Shlomo Silberg, facilitated the deal through the representation of Tri State Commercial Realty LLC. The property spans 6,000 square feet and features a variety of uses. The asking rent for the space was $40 per square foot.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Lease
  • Address: 12 Park St.
  • Market: Bushwick

Eddie Keda & Avi Akiva, represented by Tri State Commercial Realty LLC, brokered the lease. They played a crucial role in bringing together the landlord, Shlomo Silberg, and the tenant, Puerto Rican Family Institute INC. With their expertise and negotiation skills, they successfully facilitated the lease of this mixed-use property in Bushwick.

Players

Eddie Keda
25 deals(347) 481-7306
BROKER

Avi Akiva
Momentum Realty Group
40 deals$18M volume(212) 314-4684
BROKER

TENANT

Details

LEASED
IMAGE: Eddie Keda & Avi Akiva (@AviAkiva) DATE: 05/02/2022 ADDRESS: 12 Park St. MARKET: Bushwick ASSET TYPE: Mixed-use LANDLORD: Shlomo Silberg TENANT: Puerto Rican Family Institute INC BROKER: Tri State Commercial Realty LLC (@TriStateCommercial) ASKING RENT: $40/ft. ~ SF: 6,000

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Deal Type
Effective Rent (Annual)

$343,916.38

Total Lease Value

$3,439,163.79

Net Landlord Cash Flow$343,916.38