EXR Leases 32,830 SF Multifamily Property In Prospect Park South For $55 PSF

A multifamily property located at 1634 Church Avenue in Prospect Park South has been leased in a recent transaction. The asset comprises a 32,830 square foot portion of an apartment rental building. The leasing deal was facilitated by EXR, a trusted real estate company in New York City. The asking rent for the space was $55 per square foot.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: Leased
• Address: 1634 Church Avenue
• Market: Prospect Park South

The leasing transaction was conducted by the Jay Group, the landlord of the property. The deal was brokered by a team from EXR, including John Le Vine, Mario M. Faggiano, Sam Rubin, Archibald Rowan, and Kyle Davis. EXR has a strong reputation for providing exceptional pre-development services, architectural advisory, as well as branding, marketing, and leasing services for numerous properties in New York City. In the last three months alone, EXR has successfully leased over 2,000 apartments and brought more than 500 new development units to the market.