Hounds Town USA Leases Retail Space At 57 Jay St, Brooklyn, NY
LEASED
New York
See Similar DealsRetail4,500 SF
Leased
LEASED
Hounds Town USA Leases Retail Space At 57 Jay St, Brooklyn, NY
57 Jay St, Brooklyn, NY, 11201
See Similar DealsRetail4,500 SF
Leased
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:4500 SF
Transaction Type:Lease
The property at 57 Jay St, Brooklyn, NY, 11201, is a 4500 square feet retail space in the Brooklyn market leased on 07/14/2021. The landlord, Churchill Real Estate Holdings, successfully leased the space to the tenant, Hounds Town USA. The tenant was represented by Sherry Sanchez from Resolut Re.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Tenant: Hounds Town USA
- Tenant's Rep: Sherry Sanchez(Resolut Re)
- Landlord: Churchill Real Estate Holdings
- Address: 57 Jay St, Brooklyn, NY, 11201
- Market: Brooklyn
- Square Feet: 4500
Sherry Sanchez from Resolut Re served as the tenant's representative in the leasing deal, connecting Hounds Town USA with Churchill Real Estate Holdings for the retail space at 57 Jay St, Brooklyn. This transaction marked a successful agreement between the tenant and the landlord in the vibrant Brooklyn market.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$257,937.28
Total Lease Value
$2,579,372.85
Net Landlord Cash Flow$257,937.28
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