The Learning Experience Leases Mixed-Use Space At 8904 Fifth Avenue In Bay Ridge, Brooklyn
LEASED
$45
New York
See Similar DealsMixed-use12,095 SF
Leased 08/20/2020
LEASED
The Learning Experience Leases Mixed-Use Space At 8904 Fifth Avenue In Bay Ridge, Brooklyn
8904 5th Avenue
See Similar DealsMixed-use12,095 SF
Leased 08/20/2020
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$45
Total Square Footage:12,095 SF
Transaction Type:Lease
The mixed-use property located at 8904 Fifth Avenue in Bay Ridge, Brooklyn has been leased. The property has a total area of 12,095 square feet. The asking rent for this lease was $45 per square foot.
Summary of transaction details
- Property Type: Mixed-use
- Asking Rent: $45
- Square Footage: 12,095
- Tenant: The Learning Experience
- Landlord: Mike Marino
- Landlord's Representative: Ralph Hanan, Brett Weinblatt - @CompassCommercialNYC
- Tenant's Representative: Nick Vanella
Ralph Hanan and Brett Weinblatt from Compass Commercial NYC represented the landlord in this lease deal, while Nick Vanella served as the tenant's representative.
Note: For more information, please visit CompassCRENYC.com.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$623,950.29
Total Lease Value
$6,239,502.91
Net Landlord Cash Flow$623,950.29
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