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45 Main Street

Updated Oct 23, 2026

LEASEDOffice

Katie Conovitz Of Twelve Leases Office Space At 45 Main Street In Dumbo For $52/ft

45 Main Street

$52

$52/SF

Building Size

14,000 SF

Asset Type

Office

Closing

Oct 20, 2026

About this deal

AI

The asset involved in this transaction is an office property located at 45 Main Street in Dumbo, Brooklyn. This lease features a total area of 14,000 square feet, with an asking rent of $52 per square foot and spans a lease term of 7 years.

Summary of transaction details:

This lease agreement involves key individuals including Jed Walentas representing Two Trees Management as the landlord, while Katie Conovitz represents the tenant, design company Twelve. The landlord's representation is handled by Alyssa Zahler and Elizabeth Bueno, also associated with Two Trees Management.

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$52

$52/SF

Office

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Players

Alyssa Zahler

Two Trees Management

Broker

7 deals

Broker

Jed Walentas

Two Trees Management

Landlord

$72.8M

vol

8 deals

Landlord
Katie Conovitz

Katie Conovitz

Twelve

Tenant
Tenant
Bilt advertisement

Maine Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Deal FAQ

About $52 per square foot on a published $52 for 14,000 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

305057.69%

Cash-on-Cash

-87186.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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