Mark Goldfinger Of Mindspace Expands Office Lease At 25 Kent Avenue In Williamsburg For $72/ft
25 Kent Avenue
$72
$72/SF
Building Size
48,903 SF
Asset Type
Office
Closing
Feb 9, 2026
About this deal
AI
The property located at 25 Kent Avenue in Williamsburg is an office asset with a total square footage of 48,903. Mindspace, the tenant in this transaction, is expanding its presence by leasing an additional 11,500 square feet at an asking rent of $72 per square foot. The property is owned by Global Holdings Management Group.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $72/ft
- Address: 25 Kent Avenue
- Market: Williamsburg
- Landlord: Global Holdings Management Group
- Tenant: Mark Goldfinger - Mindspace
- Current Lease Size: 48,903 square feet
- Expansion Size: 11,500 square feet
- Brokers: Craig Panzirer & Alex Radmin - Global Holdings Management Group
Mark Goldfinger represents Mindspace in this leasing transaction, and both Craig Panzirer and Alex Radmin represent Global Holdings Management Group as the brokers involved in the deal. This expansion further solidifies Mindspace's commitment to its Williamsburg location.
On the Map
$72
$72/SF
Office
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Players
Brooklyn Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
220319.44%
Cash-on-Cash
-62967.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93