David Tabak Leases Retail Space To Erudite Preschool At 526 Baltic Street In Boerum Hill
LEASED
$75
New York
See Similar DealsRetail4,000 SF
Leased
LEASED
David Tabak Leases Retail Space To Erudite Preschool At 526 Baltic Street In Boerum Hill
526 Baltic Street
See Similar DealsRetail4,000 SF
Leased
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$75
Total Square Footage:4000 SF
Transaction Type:Lease
The asset involved in this transaction is a retail space located at 526 Baltic Street in Boerum Hill. The lease entails a retail space measuring 4,000 square feet with an asking rent of $75 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $75/ft
- Address: 526 Baltic Street
- Market: Boerum Hill
- Lease Type: Retail Lease
- Landlord: David Tabak
- Tenant: Erudite Preschool
- Brokers: Eli Yadid & Rafael Benor - KSR
Key individuals involved in the deal include landlord David Tabak and tenant Erudite Preschool. The brokers representing the transaction are Eli Yadid and Rafael Benor from KSR, facilitating the terms of the lease agreement between the landlord and tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$343,916.38
Total Lease Value
$3,439,163.79
Net Landlord Cash Flow$343,916.38
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