Wolf Sicherman Leases Mixed-Use Property In Park Slope To The Nuts Factory
LEASED
$88
New York
See Similar DealsMixed-use1,230 SF
Leased 11/01/2022
LEASED
Wolf Sicherman Leases Mixed-Use Property In Park Slope To The Nuts Factory
244 5th Avenue
See Similar DealsMixed-use1,230 SF
Leased 11/01/2022
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$88
Total Square Footage:1,230 SF
Transaction Type:Lease
A mixed-use property located at 244 5th Avenue in Park Slope has been leased. The property, with a total square footage of 1,230, was leased to the tenant, The Nuts Factory. The lease transaction was facilitated by Richard Silverman from Wolf Sicherman acting as the landlord's representative, and Richard Babeck representing the tenant. The asking rent for the property was $88 per square foot.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: Lease
- Date: 11/01/2022
- Address: 244 5th Avenue
- Market: Park Slope
The Nuts Factory, a tenant, secured the lease for the mixed-use property at 244 5th Avenue in Park Slope. Richard Silverman from Wolf Sicherman acted as the landlord's representative, and Richard Babeck represented the tenant in the transaction.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$124,085.03
Total Lease Value
$1,240,850.30
Net Landlord Cash Flow$124,085.03
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