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45 Main Street

Two Trees Management Leases 6159 Square Feet Office To Think Architecture At 45 Main Street
LEASEDOffice

Two Trees Management Leases 6159 Square Feet Office To Think Architecture At 45 Main Street

45 Main Street

Building Size

6,159 SF

Asset Type

Office

Closing

Feb 24, 2026

AI

The property asset involved in the transaction is located at 45 Main Street in the Dumbo market. This office lease encompasses a total area of 6,159 square feet, catering to the specific needs of the tenant involved.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 45 Main Street
  • Market: Dumbo
  • Asset Size: 6,159 square feet
  • Landlord: Jed Walentas - Two Trees Management
  • Tenant: Think! Architecture + Design
  • Broker Representatives: Alyssa Zahler, Elizabeth Bueno, Nicole Serras & Jarad Winter - Two Trees Management

The transaction involves a broader leasing initiative by Two Trees Management, which signed a total of seven office leases across its Dumbo properties. This specific deal highlights the strategic approach taken by the landlord to enhance occupancy across its portfolio.

Players

Alyssa Zahler

Two Trees Management

Broker

7 deals

Broker
Two Trees Management
Two Trees ManagementLandlord

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93