Alon Ashourzadeh Leases Bushwick Multifamily To Midwest Food Market Corp At 83 Wilson Ave
LEASED
$90
New York
See Similar DealsMultiFamily1,000 SF
Leased 03/01/2024
LEASED
Alon Ashourzadeh Leases Bushwick Multifamily To Midwest Food Market Corp At 83 Wilson Ave
83 Wilson Avenue
See Similar DealsMultiFamily1,000 SF
Leased 03/01/2024
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$90
Total Square Footage:1,000 SF
Transaction Type:Lease
The property at 83 Wilson Ave, located in Bushwick, Brooklyn, was leased by Midwest Food Market Corp from landlord Alon Ashourzadeh. The lease involved a 10-year Modified Gross Lease agreement with an asking rent of $90 per square foot for a total space of 1,000 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 83 Wilson Ave
- Market: Bushwick, Brooklyn
- Landlord: Alon Ashourzadeh
- Tenant: Midwest Food Market Corp
- Brokers: Max Lu & Jamie Pelletier - M2 CRE
- Asking Rent: $90/ft
- Lease Type: Modified Gross Lease
- Lease Term: 10 Years
Max Lu and Jamie Pelletier from M2 CRE represented the landlord and tenant, respectively, in this lease transaction, facilitating the agreement between Alon Ashourzadeh and Midwest Food Market Corp. The deal signifies a long-term commitment between the parties involved.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$103,174.91
Total Lease Value
$1,031,749.14
Net Landlord Cash Flow$103,174.91
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