Synchronicity Fitness Leases Retail Space In Downtown Brooklyn For $135/ft
LEASED
New York
See Similar DealsRetail1,500 SF
Leased
LEASED
Synchronicity Fitness Leases Retail Space In Downtown Brooklyn For $135/ft
479 Atlantic Avenue, Brooklyn, NY, USA
See Similar DealsRetail1,500 SF
Leased
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:1500 SF
Transaction Type:Lease
Located at 479 Atlantic Avenue in Downtown Brooklyn, this retail property was recently leased to Synchronicity Fitness. The lease was facilitated by Alan Chabbott from EXRNY, who represented the tenant in this transaction. The landlord, WP Atlantic LLC, headed by Jesse Waxman, agreed to the deal.
Summary of transaction details:
- Property Type: Retail
- Address: 479 Atlantic Avenue
- Market: Downtown Brooklyn
- Tenant: Synchronicity Fitness
- Landlord: WP Atlantic LLC - Jesse Waxman
- Broker: Alan Chabbott - EXRNY
- Rent: $135/ft
- Square Footage: 1,500
Synchronicity Fitness, a boutique fitness studio, plans to implement a new COVID-19 friendly personal training program to cater to the neighborhood residents.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$85,979.09
Total Lease Value
$859,790.95
Net Landlord Cash Flow$85,979.09
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