STUSH NYC Leases Retail Space In Brooklyn's Driggs Avenue
LEASED
New York
See Similar DealsRetail5,000 SF
Leased 08/21/2020
LEASED
STUSH NYC Leases Retail Space In Brooklyn's Driggs Avenue
470 Driggs Ave, Brooklyn, NY 11211, USA
See Similar DealsRetail5,000 SF
Leased 08/21/2020
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:5,000 SF
Transaction Type:Lease
Located at 470 Driggs Avenue in Brooklyn, this retail property was recently leased to STUSH NYC. The property offers 5,000 square feet of space with an asking rent of $75 per square foot. The lease transaction was completed on August 21, 2020. The landlord, Kalmon Dolgin represented by Josh Dolgin, facilitated the deal.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 08/21/2020
- Address: 470 Driggs Avenue, Brooklyn
- Asking Rent: $75 per square foot
- Tenant: STUSH NYC
- Landlord: Kalmon Dolgin represented by Josh Dolgin
Peter Schubert, Bill Strassman, and Abbie Cheng from TerraCRG served as the brokers for the transaction.
Players
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$286,596.98
Total Lease Value
$2,865,969.83
Net Landlord Cash Flow$286,596.98
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