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Industrie Capital Partners Leases Mixed-Use Space In Brooklyn's Gowanus For $45/sf

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LEASED

New York

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Office61,000 SF
Leased 01/07/2020
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Property Image
LEASED

Industrie Capital Partners Leases Mixed-Use Space In Brooklyn's Gowanus For $45/sf

94 9th St, Brooklyn, NY 11215, USA

See Similar Deals
Office61,000 SF
Leased 01/07/2020
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Summary

NEW YORK
Asset Type:Office
Total Square Footage:61,000 SF
Transaction Type:Lease

The mixed-use property located at 94 9th Street in Brooklyn, Gowanus has recently undergone a closed transaction. The property, also known as the Roulston House, encompasses various types of spaces suitable for residential and commercial purposes. With a total square footage of 12,800, the property offers ample space for tenants to create their desired environments. The transaction took place on January 7, 2020.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Date: January 7, 2020
  • Address: 94 9th Street, Brooklyn, Gowanus
  • Market: Brooklyn, Gowanus

Industrie Capital Partners acted as the landlord in this transaction, representing the property at 94 9th Street. Joseph Hamway, from Industrie Capital Partners, served as the landlord's representative in the deal. The tenant, known as @TheGutterLIC, secured a lease for the space. Eddie Mamiye, from JTRE, alongside Andrew Connolly and Andrew Stern, served as the tenant representatives.

The asking rent for the property stood at $45 per square foot. This favorable rate, combined with the spacious 12,800 square feet, provides an attractive proposition for @TheGutterLIC to establish and operate their business within the Gowanus neighborhood.

Players

2 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: Eddie Mamiye, Andrew Connolly, Andrew Stern & Joseph Hamway (@Joseph_H_7) DATE: 01/07/2020 ADDRESS: 94 9th Street (Roulston House) MARKET: Brooklyn, Gowanus ASSET TYPE: Mixed-use TENANT: @TheGutterLIC LANDLORD: Industrie Capital Partners LANDLORD’S REP: Joseph Hamway of Industrie Capital Partners TENANT REP: Eddie Mamiye – JTRE & Andrew Connolly, Andrew Stern […] ASKING RENT: $45 SF: 12,800

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Deal Type
Effective Rent (Annual)

$3,496,483.19

Total Lease Value

$34,964,831.90

Net Landlord Cash Flow$3,496,483.19