Angelo, Gordon & Co. Leases Retail Space To Feather In Brooklyn
LEASED
New York
See Similar DealsRetail33,000 SF
Leased 07/09/2021
LEASED
Angelo, Gordon & Co. Leases Retail Space To Feather In Brooklyn
950 3rd Ave, Brooklyn, NY, 11232
See Similar DealsRetail33,000 SF
Leased 07/09/2021
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:33,000 SF
Transaction Type:Lease
The retail property located at 950 3rd Ave, Brooklyn, NY, 11232, in the Brooklyn market, has been leased for commercial use. The landlord, Angelo, Gordon & Co., successfully secured a lease agreement with Feather, a tenant, for a retail space spanning 33,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Address: 950 3rd Ave, Brooklyn, NY, 11232
- Market: Brooklyn
- Landlord's Rep: Matthew Stewart (Jamestown)
- Tenant: Feather
- Landlord: Angelo, Gordon & Co.
- Square Feet: 33,000
Matthew Stewart from Jamestown represented the landlord, Angelo, Gordon & Co., in the leasing transaction, facilitating the agreement with Feather for the sizable retail space. This lease marks a significant agreement in the Brooklyn market, aligning the objectives of the landlord and tenant for the utilization of the property.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,891,540.09
Total Lease Value
$18,915,400.86
Net Landlord Cash Flow$1,891,540.09
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