Tiny Hearts Daycare Leases Office Space At 1504 Avenue L Brooklyn For $45ft With Abe Bergman As Landlord
LEASED
$45
New York
See Similar DealsOffice12,500 SF
Leased 03/11/2025
LEASED
Tiny Hearts Daycare Leases Office Space At 1504 Avenue L Brooklyn For $45ft With Abe Bergman As Landlord
1504 Avenue L
See Similar DealsOffice12,500 SF
Leased 03/11/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$45
Total Square Footage:12,500 SF
Transaction Type:Lease
The property involved in this transaction is an office located at 1504 Avenue L in the Brooklyn market. It features a total square footage of 12,500 and is listed under a Single Net Lease agreement with an asking rent of $45 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $45/ft
- Square Footage: 12,500
- Address: 1504 Avenue L
- Market: Brooklyn
- Lease Type: Single Net Lease
- Landlord: Abe Bergman
- Tenant: Tiny Hearts Daycare
- Broker: Nick Zweig - Locations Commercial Real Estate
Key individuals in this lease transaction include Abe Bergman, who represents the landlord, and Tiny Hearts Daycare as the tenant. The brokerage for this deal was handled by Nick Zweig of Locations Commercial Real Estate.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$644,843.21
Total Lease Value
$6,448,432.11
Net Landlord Cash Flow$644,843.21
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