Greenpoint Retail Space Leased At 197 Franklin Street By Greenpoint Market - David Green & David Sabbagh Of KSR
LEASED
New York
See Similar DealsRetail1,000 SF
Leased 11/11/2021
LEASED
Greenpoint Retail Space Leased At 197 Franklin Street By Greenpoint Market - David Green & David Sabbagh Of KSR
197 Franklin Street, Greenpoint, Brooklyn, NY, USA
See Similar DealsRetail1,000 SF
Leased 11/11/2021
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:1,000 SF
Transaction Type:Lease
The retail property located at 197 Franklin Street in Greenpoint has been leased to Greenpoint Market. The lease transaction took place on November 11, 2021. The asset comprises 1,000 square feet of space. DAX Real Estate, represented by Daniel Hedaya and Max Seibald, serves as the landlord. The asking rent for the property was $100 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Lease
- Address: 197 Franklin Street
- Market: Greenpoint
- Landlord: DAX Real Estate - Daniel Hedaya & Max Seibald
- Tenant: Greenpoint Market
- Brokers: David Green & David Sabbagh - KSR
- Asking Rent: $100/ft.
- Square Footage: 1,000
The lease transaction was facilitated by brokers David Green and David Sabbagh from KSR.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$57,319.40
Total Lease Value
$573,193.97
Net Landlord Cash Flow$57,319.40
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