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PBIC - Golden Record Signs Lease For Retail Space In Williamsburg, Brooklyn

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LEASED
John LeVine
Joseph DiPiazza
+ 1

New York

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Retail1,625 SF
Leased 04/20/2022
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Property Image
LEASED

PBIC - Golden Record Signs Lease For Retail Space In Williamsburg, Brooklyn

483 Driggs Avenue, Brooklyn, New York 11211, United States

See Similar Deals
Retail1,625 SF
Leased 04/20/2022
John LeVine
Joseph DiPiazza
+ 1
Contact now

Summary

NEW YORK
Asset Type:Retail
Total Square Footage:1,625 SF
Transaction Type:Lease

The retail property located at 483 Driggs Ave. in Williamsburg, Brooklyn has recently been leased. The property is approximately 1,625 square feet and was leased by PBIC - Golden Record. The landlord for this transaction is John Ziegler. The leasing of this retail space was facilitated by Joseph DiPiazza, Stephen Forino, and John Le Vine of EXR, one of Brooklyn's most active retail leasing companies.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Date: 04/20/2022
  • Address: 483 Driggs Ave.
  • Market: Williamsburg, Brooklyn
  • Landlord: John Ziegler
  • Tenant: PBIC - Golden Record

This lease deal was a result of the collaborative efforts of EXR's leasing team, led by Joseph DiPiazza, Stephen Forino, and John Le Vine. They successfully negotiated the terms between the landlord and tenant, ensuring a beneficial outcome for all parties involved. EXR, with its headquarters in North Williamsburg, has a strong reputation for bringing world-class retail tenants to the borough's best spaces. PBIC - Golden Record is expected to open their store in the near future.

Players

Joseph DiPiazza
36 deals$50.6M volume(718) 705-4150
BROKER

John LeVine
EXR
42 deals$50.6M volume
BROKER

Stephen Forino
EXR
11 deals$47M volume
BROKER

Details

LEASED
IMAGE: Stephen Forino, Joseph DiPiazza & John Le Vine DATE: 04/20/2022 ADDRESS: 483 Driggs Ave. MARKET: Williamsburg, Brooklyn ASSET TYPE: Retail LANDLORD: John Ziegler TENANT: PBIC - Golden Record BROKER: Joseph DiPiazza, Stephen Forino (@Steve4ino) & John Le Vine (@IAmJohnLeVine) - EXR (@EXRNY) ASKING RENT: $175/ft. ~ SF: 1,625 NOTE FROM @EXRNY: This direct deal was a tremendous mutual win for the landlord, tenant, and community. EXR (@EXRNY) is one of Brooklyn's most active retail leasing companies, with headquarters in North Williamsburg. Mr. DiPiazza, who has a deep breadth of experience in North Brooklyn commercial real estate, spearheaded this exclusive listing and deal. Since 2014, EXR has helped bring world-class retail tenants to the borough's best spaces. We look forward to PBIC - Golden Record opening soon.

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Deal Type
Effective Rent (Annual)

$93,144.02

Total Lease Value

$931,440.19

Net Landlord Cash Flow$93,144.02