Ready Set Leases 15k SF Office Space In Brooklyn For $25/SF
LEASED
New York
See Similar DealsOffice15,000 SF
Leased
LEASED
Ready Set Leases 15k SF Office Space In Brooklyn For $25/SF
100 Sutton St, New York, NY, 11222
See Similar DealsOffice15,000 SF
Leased
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:15000 SF
Transaction Type:Lease
The property asset involved in the context is an office space located at 100 Sutton St, New York, NY, 11222, within the Brooklyn market. It encompasses 15,000 square feet. The leasing transaction was initiated at an asking rent of $25 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $25/SF
- Lease Date: 03/15/2016
- Tenant: Ready Set
- Landlord: Richfield Properties
- Landlord's Representative: Neil Dolgin
In this transaction, the set design firm Ready Set secured a 10-year lease agreement. Neil Dolgin from Kalmon Dolgin Affiliates represented both the landlord Richfield Properties and the tenant Ready Set in the deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$859,790.95
Total Lease Value
$8,597,909.48
Net Landlord Cash Flow$859,790.95
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