Bar Madonna Leases Mixed-Use Space In Williamsburg For $90/ft
LEASED
$90
New York
See Similar DealsMixed-use1,600 SF
Leased 06/12/2023
LEASED
Bar Madonna Leases Mixed-Use Space In Williamsburg For $90/ft
367 Metropolitan Ave Brooklyn, Ny 11211, Usa
See Similar DealsMixed-use1,600 SF
Leased 06/12/2023
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$90
Total Square Footage:1,600 SF
Transaction Type:Lease
Bar Madonna, a mixed-use property located at 367 Metropolitan Avenue in Williamsburg, has recently been leased. The landlord, George Sarta, negotiated the deal with the help of broker Jack S. Mosseri from Silverline Realty Group. The property spans 1,600 square feet and was leased for an asking rent of $90 per square foot.
Summary of transaction details
- Property Type: Mixed-Use
- Asking Rent: $90/ft
- Square Footage: 1,600
- Address: 367 Metropolitan Avenue
- Market: Williamsburg
This lease transaction was facilitated by Jack S. Mosseri from Silverline Realty Group, who represented both the landlord, George Sarta, and the tenant, Bar Madonna, in the deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$165,079.86
Total Lease Value
$1,650,798.62
Net Landlord Cash Flow$165,079.86
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