Richard Pogostin Leases Retail Space To Twisted Spine Books At 306 Grand Street In Brooklyn
LEASED
$43
New York
See Similar DealsRetail2,200 SF
Leased
LEASED
Richard Pogostin Leases Retail Space To Twisted Spine Books At 306 Grand Street In Brooklyn
306 Grand Street
See Similar DealsRetail2,200 SF
Leased
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$43
Total Square Footage:2200 SF
Transaction Type:Lease
The property asset involved in this transaction is a retail space located at 306 Grand Street in Brooklyn. It spans a total of 1,500 square feet and the asking rent is set at $65 per square foot. The lease type for this agreement is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $97,500
- Address: 306 Grand Street
- Market: Brooklyn
- Landlord: Richard Pogostin
- Tenant: Twisted Spine Books
- Brokers: Kevin Bisconti & Stephen Ligambi - Meridian Capital Group
The transaction was facilitated by brokers Kevin Bisconti and Stephen Ligambi from Meridian Capital Group, representing the landlord and tenant in this agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$110,062.41
Total Lease Value
$1,100,624.12
Net Landlord Cash Flow$110,062.41
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