NYC School Construction Authority Leases Office Space At 420 Lefferts Avenue In New York City
LEASED
$40
New York
See Similar DealsOffice22,300 SF
Leased 06/28/2023
LEASED
NYC School Construction Authority Leases Office Space At 420 Lefferts Avenue In New York City
420 Lefferts Ave Brooklyn, NY 11225, USA
See Similar DealsOffice22,300 SF
Leased 06/28/2023
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$40
Total Square Footage:22,300 SF
Transaction Type:Lease
The office property located at 420 Lefferts Avenue in New York City has been leased. The property spans a total of 22,300 square feet, with an asking rent of $40 per square foot. The lease transaction was completed on June 28, 2023.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease
- Address: 420 Lefferts Avenue
- Market: New York City
Jake Morgenstern acted as the landlord in this lease agreement. The tenant, NYC School Construction Authority, will occupy the office space at 420 Lefferts Avenue. The deal was facilitated by Nick Zweig from Locations Commercial Real Estate.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,022,578.03
Total Lease Value
$10,225,780.35
Net Landlord Cash Flow$1,022,578.03
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