Ironstone Partners Leases Retail Space To Kona Coffee At 328 Nassau Avenue In Brooklyn
LEASED
$60
New York
See Similar DealsRetail2,000 SF
Leased 08/14/2024
LEASED
Ironstone Partners Leases Retail Space To Kona Coffee At 328 Nassau Avenue In Brooklyn
328 Nassau Avenue
See Similar DealsRetail2,000 SF
Leased 08/14/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$60
Total Square Footage:2,000 SF
Transaction Type:Lease
The retail asset located at 328 Nassau Avenue in Brooklyn has been leased. The property encompasses a total area of 2,000 square feet and was listed with an asking rent of $60 per square foot, structured under a NNN Lease agreement.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $120,000
- Address: 328 Nassau Avenue
- Landlord: Ironstone Partners
- Tenant: Kona Coffee
- Brokers: John Le Vine & Joseph DiPiazza - EXR
- Date: 08/14/2024
John Le Vine and Joseph DiPiazza, representing EXR, facilitated the lease transaction. The deal signifies a successful agreement between the landlord, Ironstone Partners, and tenant, Kona Coffee, marking their operational presence in Brooklyn.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$137,566.55
Total Lease Value
$1,375,665.52
Net Landlord Cash Flow$137,566.55
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