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Downtown Brooklyn Organic Signs Lease For Mixed-Use Space At 24 4th Avenue

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LEASED

New York

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Mixed-use4,750 SF
Leased 08/07/2020
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Property Image
LEASED

Downtown Brooklyn Organic Signs Lease For Mixed-Use Space At 24 4th Avenue

24 4th Ave, Brooklyn, NY 11217, USA

See Similar Deals
Mixed-use4,750 SF
Leased 08/07/2020
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Total Square Footage:4,750 SF
Transaction Type:Lease

Located at 24 4th Avenue in Brooklyn, this mixed-use property was recently leased. The property, owned by Adam America, has a total square footage of 4,750. The ground floor spans 3,500 square feet, while the below grade level measures 1,250 square feet. The asking rent for this space was $125 per square foot. The tenant, Downtown Brooklyn Organic, will be occupying the premises.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: Not mentioned
  • Address: 24 4th Avenue, Brooklyn
  • Market: Brooklyn
  • Asking Rent: $125 per square foot
  • Square Footage: 4,750 (3,500 SF - ground floor, 1,250 - below grade)
  • Tenant: Downtown Brooklyn Organic
  • Landlord: Adam America

Brendan Thrapp and Nate Mallon from EXRNY served as the brokers in this deal. For more information, interested parties can contact Brendan Thrapp at (201) 787-9679 or [email protected], and Nate Mallon at (860) 416-7288 or [email protected].

Players

Nathaniel (Nate) Mallon
24 deals$9.8M volume(860) 416-7288
BROKER

Brendan Thrapp
19 deals$7.7M volume(201) 787-9679
BROKER

Details

LEASED
IMAGE: Nate MallonDATE: 08/07/2020ADDRESS: 24 4th AvenueMARKET: BrooklynASSET TYPE: Mixed-useASKING RENT: $125SF: 4,750 (3,500 SF - ground floor, 1,250 - below grade)TENANT: Downtown Brooklyn OrganicLANDLORD: Adam AmericaBROKERS: Brendan Thrapp & Nate Mallon - @EXRNYNOTE: For more info contact @EXRNY directly: Brendan Thrapp📱 (201) 787-9679📧 [email protected] Nate Mallon📱 (860) 416-7288📧 [email protected]

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Deal Type
Effective Rent (Annual)

$272,267.13

Total Lease Value

$2,722,671.34

Net Landlord Cash Flow$272,267.13