Brooklyn Palace Signs Single Net Lease At 189 Bridge Street With Landlord Francis Luang
LEASED
$75
New York
See Similar DealsRetail2,183 SF
Leased 12/24/2025
LEASED
Brooklyn Palace Signs Single Net Lease At 189 Bridge Street With Landlord Francis Luang
189 Bridge Street
See Similar DealsRetail2,183 SF
Leased 12/24/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$75
Total Square Footage:2,183 SF
Transaction Type:Lease
This retail lease transaction involves a property located at 189 Bridge Street in Downtown Brooklyn. The asking rent is set at $75 per square foot for a space that measures 2,183 square feet. The lease type is identified as a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $75/ft
- Square Footage: 2,183
- Lease Type: Single Net Lease
- Address: 189 Bridge Street
- Market: Downtown Brooklyn
- Landlord: Francis Luang
- Tenant: Brooklyn Palace
- Brokers: Ohad Babo, Nathan Aballi & Gabriel Cay - KSR
The transaction showcases the involvement of broker representatives Ohad Babo, Nathan Aballi, and Gabriel Cay from KSR, who played a crucial role in facilitating the lease agreement between the landlord, Francis Luang, and the tenant, Brooklyn Palace.
Players
BROKERAGE
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$187,692.36
Total Lease Value
$1,876,923.64
Net Landlord Cash Flow$187,692.36
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