facebook
Traded Co logo
Submit

Rubin Equities Leases Office Space In Brooklyn To Bridge Street Development Corporation

Property Image
LEASED
Adrienne Roberson
Stephen Forino
+ 1

New York

See Similar Deals
Office5,589 SF
Leased 05/18/2022
the dealplayerscompscontact
Property Image
LEASED

Rubin Equities Leases Office Space In Brooklyn To Bridge Street Development Corporation

1217 Bedford Avenue, Brooklyn, New York 11216, United States

See Similar Deals
Office5,589 SF
Leased 05/18/2022
Adrienne Roberson
Stephen Forino
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Total Square Footage:5,589 SF
Transaction Type:Lease

The recently closed lease deal in Brooklyn involved an office space located at 1217 Bedford Ave. The property, known as Avon Hall, is owned by Rubin Equities and was leased by Bridge Street Development Corporation. The lease was facilitated by John Le Vine and Stephen Forino from EXR, who represented the landlord. Ede Egharevba served as the tenant representative. The entire mezzanine level of the property, spanning 2,160 square feet, was leased for an asking rent of $45 per square foot. In addition to the office space, the property also features retail on the ground level, creative studios in the basement, and two more floors of office space above the mezzanine.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Lease
  • Address: 1217 Bedford Ave.
  • Market: Brooklyn

@IamJohnLeVine from @EXRNY played a key role in the lease deal for Avon Hall, a property developed by Rubin Equities. They were responsible for handling the creative branding and leasing of the office space. The deal included the entire mezzanine level of the property, providing Bridge Street Development Corporation with a suitable office space in Bedford-Stuyvesant, Brooklyn.

Players

John LeVine
42 deals$50.6M volume
BROKER

Stephen Forino
EXR
11 deals$47M volume
BROKER

Ede Egharevba
Ukpasia Realty
1 deal
BROKER

Adrienne Roberson
Douglas Elliman
2 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: John Le Vine & Stephen Forino DATE: 05/18/2022 ADDRESS: 1217 Bedford Ave. MARKET: Brooklyn ASSET TYPE: Office LANDLORD: Rubin Equities (@RubinEquities) TENANT: Bridge Street Development Corporation LANDLORD REP: John Le Vine (@IAmJohnLeVine) & Stephen Forino (@Steve4ino) - EXR (@EXRNY) TENANT REP: Ede Egharevba ASKING RENT: $45/ft. ~ SF: 2,160 NOTE FROM BROKER: @IamJohnLeVine from @EXRNY did the creative, branding, & leasing for the property, Avon Hall (@AvonHall.NYC), for developer @RubinEquities. This office deal in Bedford-Stuyvesant, Brooklyn, is for the entire mezzanine level of the property. There is also retail on the ground level, creative studios in the basement, & two more floors of office above the mezzanine.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$320,358.11

Total Lease Value

$3,203,581.07

Net Landlord Cash Flow$320,358.11