Louis Yeung Leases Office Space To Proper Prints At 1399 Myrtle Avenue Bushwick
LEASED
$25
New York
See Similar DealsOffice1,568 SF
Leased 01/18/2024
LEASED
Louis Yeung Leases Office Space To Proper Prints At 1399 Myrtle Avenue Bushwick
1399 Myrtle Avenue
See Similar DealsOffice1,568 SF
Leased 01/18/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$25
Total Square Footage:1,568 SF
Transaction Type:Lease
The office located at 1399 Myrtle Avenue in Bushwick, Brooklyn, was leased to Proper Prints. The landlord, Louis Yeung, facilitated the leased transaction with an asking rent of $25 per square foot for the 1,568 square feet office under a Modified Gross Lease.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1399 Myrtle Avenue
- Market: Bushwick, Brooklyn
- Tenant: Proper Prints
- Landlord: Louis Yeung
- Brokers: David Quigua, Joseph DiPiazza & John Le Vine - EXR
- Asking Rent: $25/ft
- Lease Type: Modified Gross Lease
David Quigua, Joseph DiPiazza, and John Le Vine from EXR were the brokers representing both the landlord and the tenant in the transaction, ensuring a successful lease agreement for the office space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$44,938.41
Total Lease Value
$449,384.07
Net Landlord Cash Flow$44,938.41
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