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My Home Adult Day Care Center Leases Retail Space In Bushwick At 1206 Putnam Ave

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LEASED

New York

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Retail5,200 SF
Leased 07/15/2020
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Property Image
LEASED

My Home Adult Day Care Center Leases Retail Space In Bushwick At 1206 Putnam Ave

1206 Putnam Avenue, Brooklyn, NY 11221

See Similar Deals
Retail5,200 SF
Leased 07/15/2020
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Summary

NEW YORK
Asset Type:Retail
Total Square Footage:5,200 SF
Transaction Type:Lease

The retail property located at 1206 Putnam Ave. in Bushwick has recently been leased. The property, which falls under the category of a community facility, spans a total of 5,200 square feet. The lease transaction was finalized on July 15, 2021.

Summary of transaction details

  • Property Type: Retail - Community Facility
  • Transaction Date: 07/15/2021
  • Address: 1206 Putnam Ave.
  • Market: Bushwick
  • Tenant: My Home Adult Day Care Center
  • Landlord: Urban View - Bobby Mitchell
  • Landlord's Representative: Joseph DiPiazza & Nate Mallon - EXR
  • Asking Rent: $33/ft.
  • Total Square Footage: 5,200

The tenant for the leased property is the My Home Adult Day Care Center. The landlord of the property is Urban View, represented by Bobby Mitchell. Joseph DiPiazza and Nate Mallon from EXR acted as the landlord's representatives in the deal.

Players

Joseph DiPiazza
36 deals$50.6M volume(718) 705-4150
BROKER

Nathaniel (Nate) Mallon
Verada
24 deals$9.8M volume(860) 416-7288
BROKER

LANDLORD

Details

LEASED
IMAGE: Joseph DiPiazza & Nate Mallon DATE: 07/15/2021 ADDRESS: 1206 Putnam Ave. MARKET: Bushwick ASSET TYPE: Retail - Community Facility TENANT: My Home Adult Day Care Center LANDLORD: Urban View - Bobby Mitchell LANDLORD'S REP: Joseph DiPiazza & Nate Mallon- EXR ASKING RENT: $33/ft. ~ SF: 5,200

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Deal Type
Effective Rent (Annual)

$298,060.86

Total Lease Value

$2,980,608.62

Net Landlord Cash Flow$298,060.86