Electric Beets Leases Mixed-Use Space In Park Slope From Landlord Adam J Semler
LEASED
$90
New York
See Similar DealsMixed-use
Leased 02/01/2023
LEASED
Electric Beets Leases Mixed-Use Space In Park Slope From Landlord Adam J Semler
158 7th Avenue
See Similar DealsMixed-use
Leased 02/01/2023
Summary
NEW YORK
Asset Type:Mixed-use
Transaction Type:Lease
Located at 158 7th Avenue in Park Slope, this mixed-use property has recently been leased. The property features a total square footage of 1,000 and was leased by the tenant, Electric Beets, for a term of 5 years. The landlord for this transaction was Adam J Semler. The leasing deal was facilitated by Richard Silverman from Silver Line Realty Group.
Summary of transaction details:
- Property Type: Mixed-Use
- Asking Rent: $90/ft
- Square Footage: 1,000
- Lease Term: 5 Years
Richard Silverman from Silver Line Realty Group played a pivotal role as the broker representing the tenant, Electric Beets, in this leasing transaction.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,031,749.14
Total Lease Value
$10,317,491.38
Net Landlord Cash Flow$1,031,749.14
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