Lane Sanders and Max Lu exclusively represented the ownership to lease 7,500 SF of prime ground floor retail space located only steps from the Morgan L at a very healthy rental rate. MySpace NYC leased the entire floor for its successfully real estate operations, and committed to the space for the long-term. The asking rent was $55 PSF.
Leased to a reputable Greenpoint-based restaurant and nightlife operator.
Warehouse to be converted into a first generation retail building for food and beverage use. MPG was the exclusive agent and directly secured a famous national chainlet. Further details to be announced...
M Properties Group represented the seller exclusively to sell 18 Wyckoff Avenue in Bushwick. The property, a mixed-use building with retail and two apartment units sold for $4,300,000 which equates to $1,082 psf - Nearly twice the record in the area. The property is currently overbuilt and does not have further development rights.
MPG has leased 13,000 SF on the ground floor in as-is condition. The asking rent was $30 PSF.