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POM Group Leases Retail Space At 31 Lincoln Rd, Brooklyn For $60/SF

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LEASED
$60

New York

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Retail12,300 SF
Leased 12/13/2016
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Property Image
LEASED

POM Group Leases Retail Space At 31 Lincoln Rd, Brooklyn For $60/SF

31 Lincoln Rd, Brooklyn, NY, 11225

See Similar Deals
Retail12,300 SF
Leased 12/13/2016
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$60
Total Square Footage:12,300 SF
Transaction Type:Lease

The property at 31 Lincoln Rd, Brooklyn, NY, 11225, is a retail space comprising 12,300 square feet. The lease for this property was signed on December 13, 2016, with POM Group as the tenant. The rental rate for this space is $60 per square foot. The landlord, Lincoln Park Partners, was represented by Louie Hamdan from Kalmon Dolgin Affiliates.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Applicable
  • Market: Brooklyn
  • Landlord's Rep: Louie Hamdan (Kalmon Dolgin Affiliates)
  • Tenant: POM Group
  • Landlord: Lincoln Park Partners
  • Rent/SF: $60
  • Square Feet: 12,300

The deal involved the landlord, Lincoln Park Partners, represented by Louie Hamdan of Kalmon Dolgin Affiliates, and the tenant, POM Group. The lease agreement for this retail space signifies a significant transaction within the Brooklyn market, demonstrating the collaboration between the respective parties to secure this property for the tenant's business operations.

Players

Louie Hamdan
1 deal(718) 633-7558
BROKER

Details

LEASED
IMAGE: 12/13/2016 ADDRESS: 31 Lincoln Rd, Brooklyn, NY, 11225 MARKET: Brooklyn ASSET TYPE: Retail LANDLORD'S REP: Louie Hamdan(Kalmon Dolgin Affiliates) TENANT: POM Group LANDLORD: Lincoln Park Partners RENT/SF: 60 SQUARE FEET: 12300

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Deal Type
Effective Rent (Annual)

$846,034.29

Total Lease Value

$8,460,342.93

Net Landlord Cash Flow$846,034.29