Mike Was Leases Retail Space At 888 Manhattan Avenue Brooklyn To The Sleep Loft NYC
LEASED
$81
New York
See Similar DealsRetail2,000 SF
Leased 09/20/2024
LEASED
Mike Was Leases Retail Space At 888 Manhattan Avenue Brooklyn To The Sleep Loft NYC
888 Manhattan Avenue
See Similar DealsRetail2,000 SF
Leased 09/20/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$81
Total Square Footage:2,000 SF
Transaction Type:Lease
The property asset involved in the transaction is a retail space located at 888 Manhattan Avenue in Brooklyn. The lease type is a NNN lease, with an asking rent of $81 per foot for a total of 2,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $81/ft
- Square Footage: 2,000
- Address: 888 Manhattan Avenue
- Market: Brooklyn
- Landlord: Mike Was
- Tenant: The Sleep Loft NYC
- Landlord's Representative: Joseph DiPiazza & John Le Vine - EXR
- Tenant's Representative: Jordan Langer - Meridian Capital Group
- Lease Type: NNN Lease
The deal includes key representatives from both parties involved. Joseph DiPiazza and John Le Vine from EXR represent the landlord, while Jordan Langer from Meridian Capital Group represents the tenant.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$185,714.84
Total Lease Value
$1,857,148.45
Net Landlord Cash Flow$185,714.84
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