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FM Capital Leases Mixed-use Property At 160 Van Brunt Street To O-O-2 Pickleball

Property Image
LEASED
$30

New York

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Mixed-use14,000 SF
Leased 05/01/2025
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Property Image
LEASED

FM Capital Leases Mixed-use Property At 160 Van Brunt Street To O-O-2 Pickleball

160 Van Brunt Street

See Similar Deals
Mixed-use14,000 SF
Leased 05/01/2025
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$30
Total Square Footage:14,000 SF
Transaction Type:Lease

The asset involved in the transaction is a mixed-use property located at 160 Van Brunt Street in Brooklyn. The lease has an asking rent of $30 per square foot, covering a total area of 14,000 square feet. The lease term agreed upon is 10 years, and it is structured as a modified gross lease.

Summary of transaction details:

The key individuals in this transaction include Eddie Keda and Chandler Slate, who represent the landlord FM Capital, and Mendel Sears, who represents the tenant O-O-2 Pickleball. All representatives are associated with Tri State Commercial Realty, facilitating the lease agreement.

Players

Chandler Slate
33 deals$10.7M volume
BROKER



FM Capital
LANDLORD

Details

LEASED
IMAGE: Eddie Keda, Chandler Slate & Mendel Sears DATE: 5/1/2025 ADDRESS: 160 Van Brunt Street MARKET: Brooklyn ASSET TYPE: Mixed-use LANDLORD: FM Capital TENANT: O-O-2 Pickleball LANDLORD'S REP: Eddie Keda (@EddieKed.a) & Chandler Slate - Tri State Commercial Realty (@TriStateCommercial) TENANT'S REP: Mendel Sears (@MendelSears) - Tri State Commercial Realty ASKING RENT: $30/ft ~ SF: 14,000 LEASE TERM: 10 years LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$481,482.93

Total Lease Value

$4,814,829.31

Net Landlord Cash Flow$481,482.93