Bernard Gans Leases Retail Space To LVIR Clothing At 82 North 3rd Street In Brooklyn

The property asset involved in this transaction is located at 82 North 3rd Street in the Brooklyn market. It is a retail space encompassing 1,250 square feet. The asking rent for this asset was set at $129.60 per square foot, amounting to a monthly rent of $13,500. The lease term agreed upon is for 5 years, under a modified gross lease type.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $13,500 per month
• Address: 82 North 3rd Street
• Market: Brooklyn
• Asset Size: 1,250 SF
• Lease Term: 5 years
• Lease Type: Modified Gross Lease
• Landlord: Bernard Gans
• Tenant: LVIR Clothing
• Landlord's Representative: Vincent Lopez & Jacques Wadler - Knickerbocker Realty Group
• Tenant's Representative: Stella Kim - Proxy Real Estate

The transaction involves key individuals including Bernard Gans serving as the landlord and LVIR Clothing as the tenant. Vincent Lopez and Jacques Wadler were instrumental in representing the landlord's interests, while Stella Kim served as the broker representative for the tenant, facilitating the negotiation process. Their roles contributed significantly to the successful arrangement of the lease.