facebook
Traded Co logo
Submit
Daily limit: 0/10

NYPD Renews Lease At 300 Gold Street, Downtown Brooklyn For 5 Years

Property Image
LEASED
$24

New York

See Similar Deals
Office51,750 SF
Leased 04/18/2024
the dealdetailscomps
Property Image
LEASED

NYPD Renews Lease At 300 Gold Street, Downtown Brooklyn For 5 Years

300 Gold Street

See Similar Deals
Office51,750 SF
Leased 04/18/2024

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$24
Total Square Footage:51,750 SF
Transaction Type:Lease

The leased property located at 300 Gold Street in Downtown Brooklyn consists of an office space with an asking rent of $24.53 per square foot. The space spans 51,750 square feet and is owned by Pat Callan from One Liberty Properties. The tenant, New York City Police Department, has renewed their lease with the Department of Citywide Administrative Services for another five years.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $24.53/ft
  • Address: 300 Gold Street
  • Market: Downtown Brooklyn
  • Landlord: Pat Callan - One Liberty Properties
  • Tenant: New York City Police Department
  • Square Footage: 51,750

The lease renewal deal at 300 Gold Street was managed by the New York City Police Department through the Department of Citywide Administrative Services. The annual base rent for the space starts at $24.53 per square foot, ensuring the NYPD's continued presence at the property for the next five years.

Details

LEASED
IMAGE: Pat Callan DATE: 04/18/2024 ADDRESS: 300 Gold Street MARKET: Downtown Brooklyn ASSET TYPE: Office LANDLORD: Pat Callan - One Liberty Properties TENANT: New York City Police Department ASKING RENT: $24.53/ft ~ SF: 51,750 NOTE: The NYPD will remain at 300 Gold Street for another five years under a renewed lease managed by the Department of Citywide Administrative Services, with an annual base rent starting at $24.53 per square foot.

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

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)

$1,455,256.37

Total Lease Value

$14,552,563.65

Net Landlord Cash Flow$1,455,256.37