Greenwich Gourmet Market Leases Retail Condo At 378 Sixth Ave From Friedland Properties
LEASED
New York
See Similar DealsRetail7,800 SF
Leased 04/16/2019
LEASED
Greenwich Gourmet Market Leases Retail Condo At 378 Sixth Ave From Friedland Properties
378 6th Avenue, Brooklyn, NY, USA
See Similar DealsRetail7,800 SF
Leased 04/16/2019
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:7,800 SF
Transaction Type:Lease
The retail condo located at 378 Sixth Ave has recently been leased. The property consists of a total of 7,800 square feet, with 3,900 square feet on the ground floor and an additional 3,900 square feet in the basement. The lease transaction took place on April 16, 2019.
Summary of transaction details
- Property Type: Retail Condo
- Tenant: Greenwich Gourmet Market
- Landlord: Friedland Properties
- Brokers: Brett Weinblatt - Compass Commercial, Mark Kapnick & Mike Watson - Lee and Associates
- Price per square foot: $200
- Address: 378 Sixth Ave
The lease deal was facilitated by the brokers involved: Brett Weinblatt representing Compass Commercial, and Mark Kapnick and Mike Watson representing Lee and Associates. This transaction showcases the collaboration of these individuals and companies in successfully securing Greenwich Gourmet Market as the tenant for the retail condo.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$447,091.29
Total Lease Value
$4,470,912.93
Net Landlord Cash Flow$447,091.29
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