Jets Pizza Signs 10-Year Lease At 305 Flatbush Avenue, Park Slope
LEASED
$120
New York
See Similar DealsMixed-use1,000 SF
Leased 01/01/2023
LEASED
Jets Pizza Signs 10-Year Lease At 305 Flatbush Avenue, Park Slope
305 Flatbush Avenue, Brooklyn, New York 11217, United States
See Similar DealsMixed-use1,000 SF
Leased 01/01/2023
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$120
Total Square Footage:1,000 SF
Transaction Type:Lease
A mixed-use property located at 305 Flatbush Avenue in Park Slope has been leased. The lease was brokered by Richard Silverman from Silver Line Realty Group and the transaction was finalized on 01/01/2023. The landlord, Wolf Sicherman, entered into a 10-year lease agreement with Jets Pizza as the tenant. The asking rent for the 1,000 square feet space was $120 per square foot.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: Not specified
- Address: 305 Flatbush Avenue
- Market: Park Slope
Richard Silverman from Silver Line Realty Group represented the landlord, Wolf Sicherman, in this lease transaction with Jets Pizza. The lease term is 10 years, providing a long-term agreement for the tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$137,566.55
Total Lease Value
$1,375,665.52
Net Landlord Cash Flow$137,566.55
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