Selam LLC Leases 2500 SF At 1049 Manhattan Ave Brooklyn With Rep Frederick Betesh
LEASED
$37
New York
See Similar DealsMultiFamily2,500 SF
LEASED
Selam LLC Leases 2500 SF At 1049 Manhattan Ave Brooklyn With Rep Frederick Betesh
1049 Manhattan Ave, Brooklyn, NY, 1...
See Similar DealsMultiFamily2,500 SF
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$37
Total Square Footage:2,500 SF
Transaction Type:Lease
The property asset involved in this transaction is a lease located at 1049 Manhattan Ave, Brooklyn, NY. It features a rentable area of 2,500 square feet and is situated in the Brooklyn market. The rent per square foot is set at $37.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1049 Manhattan Ave, Brooklyn, NY
- Market: Brooklyn
- Tenant: Selam LLC
- Landlord: Metropolitan Avenue Associates
- Tenant's Representative: Frederick Betesh - Tri State Commercial Realty
- Square Feet: 2,500
- Rent/SF: $37
This transaction involved significant individuals and entities such as Selam LLC as the tenant and Metropolitan Avenue Associates serving as the landlord. The lease was facilitated by Frederick Betesh, who represented the tenant through Tri State Commercial Realty, playing a crucial role in the negotiation process.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$106,040.88
Total Lease Value
$1,060,408.84
Net Landlord Cash Flow$106,040.88
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