- Re-development site
- Represented the buyer
163 Stuyvesant Ave, Brooklyn, NY 11221
Additional Information
City | Brooklyn |
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Broker | Mark Akilov, Yuriy Ustoyev |
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Get in Touch for More Details
City | Brooklyn |
---|---|
Broker | Mark Akilov, Yuriy Ustoyev |
Remarks at Closing:
– Closed for 5.1% CAP
– AT&T has been a tenant for 15 years
– Recently completed a 10-year term and 5-year option ending in Dec. 2017 & has renewed early and requested (2) 3-year extensions on existing renewals
– Tenant has done a complete interior renovation and is strongly committed to the site
– High traffic busy corner location, many national retailers located nearby, out-parcel to a larger center
– Landlord pays taxes/CAM and 100% reimbursed by tenant. LL responsible for roof/structure
Asset Commercial Realty Group (“AssetCRG”) represented the landlord exclusively and Joseph Mastov, Director of Asset Commerical Realty Group, represented Arby’s to occupy the ground floor which will be a built to suit drive-thru, taking approximately 2,800 SF. Asset Commercial Realty group facilitated a 15-year lease with options.
Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.
215-15 Northern Boulevard, 3rd FloorBayside, NY 11361
Phone: 646.586.2091
Fax: 646.767.6790
Email: info@34.82.249.66
Web: www.assetcrg.com