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Professional Physical Therapy Leases Office Space At 7424 13th Avenue In Brooklyn

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LEASED
$37

New York

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Office2,586 SF
Leased 11/01/2023
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Property Image
LEASED

Professional Physical Therapy Leases Office Space At 7424 13th Avenue In Brooklyn

7424 13th Avenue

See Similar Deals
Office2,586 SF
Leased 11/01/2023
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$37
Total Square Footage:2,586 SF
Transaction Type:Lease

The property involved in this lease transaction is an office located at 7424 13th Avenue in Brooklyn. The leased space spans 2,586 square feet. The landlord, Robert Snyder, entered into a lease agreement with the tenant, Professional Physical Therapy. The lease type for this transaction is a Modified Gross Lease. The asking rent for the property is $37 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not Applicable (Lease)
  • Address: 7424 13th Avenue
  • Market: Brooklyn
  • Tenant: Professional Physical Therapy
  • Landlord: Robert Snyder
  • Asking Rent: $37 per square foot
  • Lease Type: Modified Gross Lease

In this lease transaction, the landlord was represented by Arsen Atbashyan from Commercial Acquisitions, while the tenant was represented by Michael Leff from Savills US.

Players

Arsen Atbashyan
51 deals$123.9M volume(917) 939-3760
BROKER

Details

LEASED
IMAGE: Arsen Atbashyan & Michael Leff DATE: 11/01/2023 ADDRESS: 7424 13th Avenue MARKET: Brooklyn ASSET TYPE: Office LANDLORD: Robert Snyder TENANT: Professional Physical Therapy LANDLORD'S REP: Arsen Atbashyan - Commercial Acquisitions (@CARealtyInc), TENANT'S REP: Michael Leff - Savills US (@Savills) ASKING RENT: $37/ft ~ SF: 2,586 LEASE TYPE: Modified Gross Lease

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Deal Type
Effective Rent (Annual)

$109,688.69

Total Lease Value

$1,096,886.90

Net Landlord Cash Flow$109,688.69