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Baker Health Leases Retail Space At 510 Driggs Avenue In NYC

Property Image
LEASED
$165

New York

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Retail4,000 SF
Leased 01/24/2023
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Property Image
LEASED

Baker Health Leases Retail Space At 510 Driggs Avenue In NYC

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

See Similar Deals
Retail4,000 SF
Leased 01/24/2023
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$165
Total Square Footage:4,000 SF
Transaction Type:Lease

The retail space located at 510 Driggs Avenue in New York City has recently been leased. The transaction took place on January 24, 2023, and the space spans approximately 4,000 square feet. The landlord, Northlink Capital, entered into the lease agreement with Baker Health.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: N/A
  • Asking Rent: $165/ft.
  • Market: New York City

Brendan Thrapp and Nate Mallon from Verada Retail represented the landlord, Northlink Capital, in the lease agreement. Samuel Bernhaut from CBRE acted as the tenant's representative, assisting Baker Health throughout the negotiation process.

Players

Nathaniel (Nate) Mallon
24 deals$9.8M volume(860) 416-7288
BROKER

Brendan Thrapp
19 deals$7.7M volume(201) 787-9679
BROKER

Samuel Bernhaut
CBRE
8 deals$12.5M volume
BROKER

Northlink Capital
LANDLORD

Details

LEASED
IMAGE: Brendan Thrapp, Nate Mallon & Samuel Bernhaut DATE: 01/24/2023 ADDRESS: 510 Driggs Avenue MARKET: New York City ASSET TYPE: Retail LANDLORD: Northlink Capital (@Northlink.Capital) TENANT: Baker Health (@BakerHealth_) LANDLORD'S REP: Brendan Thrapp (@BThrapp) & Nate Mallon (@RetailInBrooklyn) - Verada Retail (@VeradaRetail) TENANT'S REP: Samuel Bernhaut - CBRE (@CBRE) ASKING RENT: $165/ft. ~ SF: 4,000

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Deal Type
Effective Rent (Annual)

$756,616.03

Total Lease Value

$7,566,160.35

Net Landlord Cash Flow$756,616.03