Red Group NY Leases Mixed-Use Space To Clermont Kids Daycare In Brooklyn For $40/ft

This mixed-use property, located at 62 Clermont Avenue in Brooklyn, has a leased space of 6,000 square feet. The modified gross lease was arranged at an asking rent of $40 per square foot.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $240,000
• Lease Type: Modified Gross Lease
• Landlord: Red Group NY
• Tenant: Clermont Kids Daycare
• Broker Representatives: Meyer Dagmy & Eddie Mamiye - MOD

Meyer Dagmy and Eddie Mamiye represented the landlord, Red Group NY, in this transaction, facilitating the lease to Clermont Kids Daycare. This deal showcases the ongoing demand for daycare services in the Brooklyn market.