GP 81 Signs Retail Lease At 379 Jefferson St In Bushwick, Brooklyn
LEASED
$50
New York
See Similar DealsRetail6,500 SF
Leased 01/15/2024
LEASED
GP 81 Signs Retail Lease At 379 Jefferson St In Bushwick, Brooklyn
379 Jefferson Street
See Similar DealsRetail6,500 SF
Leased 01/15/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:6,500 SF
Transaction Type:Lease
The retail property located at 379 Jefferson Street in Bushwick, Brooklyn, was leased in a transaction involving a Modified Gross Lease with an asking rent of $50 per square foot for a space spanning 6,500 square feet. The lease term for this transaction spans 10 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Landlord: Walter Graur - WM 379 Realty
- Tenant: GP 81
- Broker: Max Lu - M2 CRE
The landlord for this transaction is Walter Graur representing WM 379 Realty, while the tenant is GP 81. Serving as the broker in this deal is Max Lu from M2 CRE.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$372,576.08
Total Lease Value
$3,725,760.78
Net Landlord Cash Flow$372,576.08
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