MOD Brokers Lease Transaction For Kinfolk At 525 Nostrand Avenue In Bed Stuy, Brooklyn

The recently leased property at 525 Nostrand Avenue in Bed Stuy, Brooklyn, offers a prime multifamily asset opportunity. With a size of 2,000 square feet, this space is ideally suited for the needs of the tenant, Kinfolk. The lease transaction was brokered by Meyer Dagmy from MOD agency, representing Kinfolk's interests in the deal. The landlord, Lincoln Oak, agreed to an asking rent of $55 per square foot, resulting in a favorable leasing arrangement for both parties involved.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Lease
• Address: 525 Nostrand Avenue
• Market: Bed Stuy, Brooklyn
• Tenant: Kinfolk
• Broker: Meyer Dagmy - MOD
• Asking Rent: $55/ft
• Square Footage: 2,000

Meyer Dagmy, representing MOD agency, successfully negotiated the lease agreement between Kinfolk and Lincoln Oak. This agreement ensures that Kinfolk has secured a prime location in Bed Stuy, Brooklyn, to operate their business. The property at 525 Nostrand Avenue aligns with their needs, offering ample space and a favorable leasing rate. Lincoln Oak, as the landlord, has found a reliable tenant in Kinfolk, thanks to the expertise of Meyer Dagmy and the team at MOD agency.