Japan Village Brooklyn And Sunrise Food Market Lease Retail Space In Sunset Park, BK
LEASED
New York
See Similar DealsRetail40,000 SF
Leased 11/30/2018
LEASED
Japan Village Brooklyn And Sunrise Food Market Lease Retail Space In Sunset Park, BK
934 3rd Avenue, Brooklyn, NY, USA
See Similar DealsRetail40,000 SF
Leased 11/30/2018
Summary
NEW YORK
Asset Type:Retail
Total Square Footage:40,000 SF
Transaction Type:Lease
A retail property located at 934 Third Ave in Sunset Park, Brooklyn has recently been leased. The property spans 40,000 square feet and is owned by Jamestown Properties and Angelo, Gordon & Co. The lease was signed by Japan Village Brooklyn and Sunrise Food Market.
Summary of transaction details
- Property Type: Retail
- Address: 934 Third Ave
- Market: Sunset Park, Brooklyn
- Tenant: Japan Village Brooklyn, Sunrise Food Market
- Landlord: Jamestown Properties, Angelo, Gordon & Co.
Harris Bulow, Aric Trakhtenberg, and Chase Welles were the brokers involved in this lease deal. Harris Bulow is now with FlagshipEra, while Aric Trakhtenberg is with RKF.
The lease was priced at $50 per square foot, resulting in a total value of approximately $2,000,000.
Players
LANDLORD
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,292,775.86
Total Lease Value
$22,927,758.62
Net Landlord Cash Flow$2,292,775.86
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