Devoción Signs Lease With TF Cornerstone At 300 Livingston St Brooklyn For $125 Per SF
LEASED
$125
New York
See Similar DealsMultiFamily1,722 SF
Leased 06/15/2017
LEASED
Devoción Signs Lease With TF Cornerstone At 300 Livingston St Brooklyn For $125 Per SF
300 Livingston St, New York, NY, 11217
See Similar DealsMultiFamily1,722 SF
Leased 06/15/2017
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$125
Total Square Footage:1,722 SF
Transaction Type:Lease
The lease transaction involves a property located at 300 Livingston St, New York, NY, in the Brooklyn market. The tenant, Devoción, is leasing 1,722 square feet of space at a rate of $125 per square foot. The landlord of the property is TF Cornerstone.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: $215,250
- Address: 300 Livingston St, New York, NY, 11217
- Market: Brooklyn
- Tenant: Devoción
- Landlord: TF Cornerstone
- Rent/SF: $125
- Square Feet: 1,722
- Tenant's Representative: Jordan Covell (Covell Consulting Group)
The transaction features key individuals including the tenant’s representative, Jordan Covell, from Covell Consulting Group, who facilitated the lease on behalf of Devoción. TF Cornerstone represented the landlord in this agreement, advancing their portfolio in the Brooklyn area.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$246,760.00
Total Lease Value
$2,467,600.02
Net Landlord Cash Flow$246,760.00
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