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Tatter Blue Library Signs 20-Year Lease At 230 Ashland Place In New York City

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LEASED
$75

New York

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Retail3,600 SF
Leased 05/01/2023
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Property Image
LEASED

Tatter Blue Library Signs 20-Year Lease At 230 Ashland Place In New York City

230 Ashland Pl Brooklyn, NY 11217, USA

See Similar Deals
Retail3,600 SF
Leased 05/01/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$75
Total Square Footage:3,600 SF
Transaction Type:Lease

The retail property at 230 Ashland Place in New York City has recently been leased. The property, totaling 3,600 square feet, was leased by the tenant Tatter Blue Library. The landlord in this transaction is the Brooklyn Academy of Music. The lease term for this agreement is 20 years.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not applicable
  • Asking Rent: $75 per square foot
  • Square Footage: 3,600
  • Address: 230 Ashland Place, New York City
  • Market: New York City

The broker representing both parties in this lease agreement is Jeffrey Lopez from Lee & Associates.

Players

Jeffrey Lopez
10 deals$4.5M volume(212) 776-4351
BROKER

Details

LEASED
IMAGE: Jeffrey Lopez DATE: 05/01/2023 ADDRESS: 230 Ashland Place MARKET: New York City ASSET TYPE: Retail LANDLORD: Brooklyn Academy Of Music TENANT: Tatter Blue Library (@TatterBlueLibrary) BROKER: Jeffrey Lopez (@Jeffrey_Lopez_CRE) - Lee & Associates (@LeeAssociatesNYC) ASKING RENT: $75/ft ~ SF: 3,600 LEASE TERM: 20 years

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Deal Type
Effective Rent (Annual)

$309,524.74

Total Lease Value

$3,095,247.41

Net Landlord Cash Flow$309,524.74