Arel Capital Leases Retail Space To Goodnight Bar At 321 Starr Street In Brooklyn
LEASED
$55
New York
See Similar DealsRetail1,500 SF
Leased 05/01/2025
LEASED
Arel Capital Leases Retail Space To Goodnight Bar At 321 Starr Street In Brooklyn
321 Starr Street
See Similar DealsRetail1,500 SF
Leased 05/01/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$55
Total Square Footage:1,500 SF
Transaction Type:Lease
The property asset involved in the transaction is a retail space located at 321 Starr Street in Brooklyn. The asking rent for this asset is $55 per square foot, with a total area of 1,500 square feet. The lease type for this transaction is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $55/ft
- Address: 321 Starr Street
- Market: Brooklyn
- Landlord: Arel Capital
- Tenant: Goodnight Bar
- Broker: Meyer Dagmy - MOD
- Lease Type: Modified Gross Lease
The individuals involved in the deal include Arel Capital as the landlord and Goodnight Bar as the tenant. The broker facilitating this transaction is Meyer Dagmy, representing the parties involved in the lease agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$94,577.00
Total Lease Value
$945,770.04
Net Landlord Cash Flow$94,577.00
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