Two Trees Management Leases Office Space In Dumbo, Brooklyn To Post Company
LEASED
$45
New York
See Similar DealsOffice5,969 SF
Leased 06/01/2024
LEASED
Two Trees Management Leases Office Space In Dumbo, Brooklyn To Post Company
45 Main Street
See Similar DealsOffice5,969 SF
Leased 06/01/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$45
Total Square Footage:5,969 SF
Transaction Type:Lease
Located at 45 Main Street in Dumbo, Brooklyn, the office property has been leased for an asking rent of $45 per square foot. The total square footage of the space is 5,969 square feet. The landlord, Two Trees Management, successfully secured a deal with the tenant, Post Company, for a Modified Gross Lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: Two Trees Management
- Tenant: Post Company
- Address: 45 Main Street
- Market: Dumbo, Brooklyn
- Asking Rent: $45/ft
- Square Footage: 5,969 SF
- Lease Type: Modified Gross Lease
- Landlord's Rep: Alyssa Zahler & Jarad Winter - Two Trees Management Company
- Tenant's Rep: Noah Jay - Compass
Noah Jay from Compass represented the tenant, Post Company, in the leasing transaction, while Alyssa Zahler & Jarad Winter from Two Trees Management Company represented the landlord, Two Trees Management.
Players
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$307,925.53
Total Lease Value
$3,079,255.30
Net Landlord Cash Flow$307,925.53
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