Sterna Costa Leases Mixed-Use Space At 296 Atlantic Avenue To Aurora Nail Salon In Brooklyn
LEASED
$100
+ 1
New York
See Similar DealsMixed-use1,500 SF
Leased 09/15/2024
LEASED
Sterna Costa Leases Mixed-Use Space At 296 Atlantic Avenue To Aurora Nail Salon In Brooklyn
296 Atlantic Avenue
See Similar DealsMixed-use1,500 SF
Leased 09/15/2024
+ 1
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$100
Total Square Footage:1,500 SF
Transaction Type:Lease
The property involved in this transaction is a mixed-use asset located at 296 Atlantic Avenue in Brooklyn. It is a modified gross lease with an asking rent of $100 per square foot for a total area of 1,500 square feet.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $100/ft
- Lease Type: Modified Gross Lease
- Address: 296 Atlantic Avenue
- Market: Brooklyn
- Landlord: Sterna Costa
- Tenant: Aurora Nail Salon
- Landlord's Representative: Eddie Mamiye, Meyer Dagmy & Isaac Bijou - MOD
- Tenant's Representative: Estelle Holm Pedersen - Ripco
The key individuals involved in this transaction are Sterna Costa as the landlord and Aurora Nail Salon as the tenant. The landlord's interests were represented by Eddie Mamiye, Meyer Dagmy, and Isaac Bijou from MOD, while Estelle Holm Pedersen from Ripco represented the tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$171,958.19
Total Lease Value
$1,719,581.90
Net Landlord Cash Flow$171,958.19
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