PKLYN Pickleball Leases Retail Space At 80 4th Street In Gowanus, Brooklyn With Landlord's Rep Ryan Condren And Tenant's Rep Ralph Hanan & Brett Weinblatt - Compass
LEASED
$50
+ 1
New York
See Similar DealsRetail16,876 SF
Leased 07/28/2023
LEASED
PKLYN Pickleball Leases Retail Space At 80 4th Street In Gowanus, Brooklyn With Landlord's Rep Ryan Condren And Tenant's Rep Ralph Hanan & Brett Weinblatt - Compass
80 4th St Brooklyn, NY 11231, USA
See Similar DealsRetail16,876 SF
Leased 07/28/2023
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$50
Total Square Footage:16,876 SF
Transaction Type:Lease
A retail space located at 80 4th Street in Gowanus, Brooklyn has been leased. The property spans 16,876 square feet and has an asking rent of $50 per square foot. The lease term is set for 10 years.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $50/ft
- Square Footage: 16,876
- Address: 80 4th Street, Gowanus, Brooklyn
- Market: Gowanus, Brooklyn
The landlord of the property is Bill Caleo, and the tenant is PKLYN Pickleball. Representing the landlord in the deal is Ryan Condren from JLL. The tenant's representatives are Ralph Hanan and Brett Weinblatt from Compass.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$967,322.14
Total Lease Value
$9,673,221.36
Net Landlord Cash Flow$967,322.14
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