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Cask Stream USA Leases 705 SF Mixed-Use Space At 282 Grand Street In New York City

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LEASED
$153
Eric Wong

New York

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MultiFamily23,000 SF
Leased 04/18/2023
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LEASED

Cask Stream USA Leases 705 SF Mixed-Use Space At 282 Grand Street In New York City

282 Grand St New York, NY 10002, USA

See Similar Deals
MultiFamily23,000 SF
Leased 04/18/2023
Eric Wong
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$153
Total Square Footage:23,000 SF
Transaction Type:Lease

A new lease has been signed for a mixed-use property located at 282 Grand Street in New York City. The lease was secured by Cask Stream USA for a space measuring 705 square feet. The asking rent for this lease agreement was $153 per square foot. The lease term is set for 10 years.

Summary of transaction details

  • Property Type: Mixed-Use
  • Transaction Amount: Not applicable
  • Address: 282 Grand Street
  • Market: New York City

This lease deal involved Prosper Property Group as the landlord and Eddie Bender as the representative for the landlord. The tenant, Cask Stream USA, was represented by Takuya Murakami from Oxford Property Group. The negotiation and finalization of the lease agreement were co-brokered by Seth Kessler and Eric Wong from REAL New York Commercial.

It is worth noting that 282 Grand Street is a brand new development. The exclusive commercial spaces offered by REAL New York have been attracting growing interest, as demonstrated in this lease agreement. REAL New York Commercial is actively seeking experienced commercial brokers to join their team. Those interested in opportunities for professional growth can email their resume to [email protected].

Players

Eric Wong
7 deals
BROKER

Seth Kessler
Real New York
10 deals$1M volume
BROKER

Details

LEASED
IMAGE: Seth Kessler, Eddie Bender & Eric Wong DATE: 04/18/2023 ADDRESS: 282 Grand Street MARKET: New York City ASSET TYPE: Mixed-Use LANDLORD: Prosper Property Group - Eddie Bender TENANT: Cask Stream USA LANDLORD'S REP: Seth Kessler & Eric Wong - REAL New York TENANT'S REP: Takuya Murakami - Oxford Property Group ASKING RENT: $153/ft ~ SF: 705 LEASE TERM: 10 years NOTE FROM BROKER: JUST LEASED at 282 Grand Street, a brand new development! Cask Stream USA has signed a lease for 705 SF at 282 Grand Street co-brokered with Oxford Property. This space was one of REAL New York's growing exclusive commercial spaces. REAL New York Commercial is actively hiring experienced Commercial brokers. Interested in growing with us? Email your resume to: [email protected]!

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Deal Type
Effective Rent (Annual)

$4,034,139.13

Total Lease Value

$40,341,391.30

Net Landlord Cash Flow$4,034,139.13