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Goodbuy Gear Leases Retail Space At 244 Butler St. In Gowanus, Brooklyn

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LEASED
$50
Allison (Allie) Portera
Jon Kamali
+ 2

New York

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Retail6,500 SF
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Property Image
LEASED

Goodbuy Gear Leases Retail Space At 244 Butler St. In Gowanus, Brooklyn

244 Butler Street

See Similar Deals
Retail6,500 SF
Allison (Allie) Portera
Jon Kamali
+ 2
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:6,500 SF
Transaction Type:Lease

The retail property at 244 Butler St. in Gowanus, Brooklyn has been leased. The property, which spans 6,500 square feet, was listed with an asking rent of $50 per square foot. The tenant, Goodbuy Gear, will utilize the adjacent space for their retail presence and the parking garage for their fleet of vans. This location will be their sixth in the country. The lease was facilitated by Brad Cohen and Allie Portera of CBRE, who represented the tenant, and Jon Kamali and Jeremy Kamali of J3K Real Estate, who represented the landlord, Jerry Atkins.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 244 Butler St.
  • Market: Gowanus, Brooklyn
  • Tenant: Goodbuy Gear
  • Tenant's Rep: Brad Cohen & Allie Portera - CBRE
  • Landlord: Jerry Atkins
  • Landlord's Rep: Jon Kamali & Jeremy Kamali - J3K Real Estate
  • Asking Rent: $50/ft.
  • SF: 6,500

J3K Real Estate, the landlord's representative, is actively seeking spaces for credit-worthy tenants and marketing additional sites for lease in NYC and the outer boroughs. For more information, visit their website at www.J3K.com. They are currently seeking Outer Borough Leasing/Sales Specialists and interested candidates can email their resume to [email protected].

Players

Bradley "Brad" Cohen
11 deals$134.5M volume(646) 374-8575
BROKER

Jon Kamali
J3K Real Estate
31 deals$139.3M volume
BROKER

Jeremy Kamali
J3K Real Estate
24 deals$9.5M volume(646) 450-5985
BROKER

Allison (Allie) Portera
J3K Real Estate
4 deals
BROKER

Jerry Atkins
8 deals$28.6M volume
LANDLORD

Details

LEASED
IMAGE: Jon Kamali, Jeremy Kamali, Brad Cohen & Allie Portera DATE: 07/15/2022 ADDRESS: 244 Butler St. MARKET: Gowanus, Brooklyn ASSET TYPE: Retail LANDLORD: Jerry Atkins TENANT: Goodbuy Gear (@GoodbuyGear) TENANT'S REP: Brad Cohen & Allie Portera - CBRE LANDLORD'S REP: Jon Kamali (@TheRealJonKa) & Jeremy Kamali (@JeremyKamali) - J3K Real Estate (@J3K_RE) ASKING RENT: $50/ft. ~ SF: 6,500 NOTE FROM BROKER: The retail & parking garage at 244 Butler in Gowanus Brooklyn was an ideal fit for the tenant due to their ability to utilize the garage for their fleet of vans while maintaining a retail presence with the adjacent space. This will serve as the tenants sixth location in the country. J3K Real Estate is actively seeking spaces for credit worthy tenants and marketing additional sites for lease in NYC + outer boroughs. Visit www.J3K.com for more. Want to join the team? Now seeking Outer Borough Leasing/Sales Specialists. Email resume to: [email protected]

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Deal Type
Effective Rent (Annual)

$372,576.08

Total Lease Value

$3,725,760.78

Net Landlord Cash Flow$372,576.08