Black Spruce Management Leases Multifamily Space To Yoga Stu At 663 Classon Avenue In Brooklyn

The property involved in this transaction is a multifamily asset located at 663 Classon Avenue in Brooklyn. The asking rent for this space is $65 per square foot, with a total area of 1,200 square feet. The lease term is set for 10 years, under a modified gross lease agreement.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $65/ft
• Square Footage: 1,200
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Landlord: Black Spruce Management
• Tenant: Yoga Stu
• Landlord's Representative: Aryeh Vilinsky & Morris Tobias - BH Realty
• Tenant's Representative: Jordan Langer - Meridian Capital Group

The deal involved key representatives with Aryeh Vilinsky and Morris Tobias acting on behalf of Black Spruce Management, while Jordan Langer represented the tenant, Yoga Stu. This collaboration facilitated the leasing of the specified multifamily space in Brooklyn.