ChampsSports Leases Retail Space In East New York, Brooklyn
LEASED
New York
See Similar DealsRetail6,006 SF
Leased 05/25/2021
LEASED
ChampsSports Leases Retail Space In East New York, Brooklyn
409 Gateway Drive, East New York, Brooklyn, NY, USA
See Similar DealsRetail6,006 SF
Leased 05/25/2021
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:6,006 SF
Transaction Type:Lease
Located at 409 Gateway Drive in East New York, Brooklyn, this retail property has recently been leased. The property spans 6,006 square feet and was leased by @ChampsSports. The landlord for this transaction is the Related Companies, a prominent real estate firm.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $85/ft.
- Square Footage: 6,006
- Tenant: @ChampsSports
- Tenant's Rep: Evan Schuckman - RIPCO Real Estate LLC
- Landlord: Related Companies
- Landlord's Rep: Brian Schuster - RIPCO Real Estate LLC
Evan Schuckman from RIPCO Real Estate LLC represented the tenant, @ChampsSports, in this lease deal. On the other hand, Brian Schuster, also from RIPCO Real Estate LLC, acted as the landlord's representative. The lease agreement was signed without any additional details available.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$344,260.30
Total Lease Value
$3,442,602.96
Net Landlord Cash Flow$344,260.30
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