OfficeAvailable
Foundry Tower
118 Foundry Street · DUMBO, Brooklyn, NY
Asking
$48.50 / SF / yr
$48.50 / SF · 24,800 SF
Overview
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Curtain-wall Class-A tower with raw concrete cores and 10' slab heights. Tenant-controlled HVAC zones and a private lobby.
- Floor-to-ceiling glazing
- LEED Gold certified
- Private rooftop terrace
- Fiber redundancy
Specifications
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| Type | Office |
|---|---|
| Rentable area | 24,800 SF |
| Floors | 12 |
| Year built | 2019 |
| Price per SF | $48.50 |
| Cap rate | 5.4% |
| Status | Available |
Lease terms
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Lease type: Modified gross with operating expense stop.
Term: 5–10 years with renewal options at fair-market.
Escalations: 3.0% annual fixed.
TI allowance: Negotiable, based on credit and term.
Security: 3 months for credit tenants; LOC accepted.
Location
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DUMBO sits at the intersection of strong public transit, dense daytime population, and a maturing retail corridor. Walk Score 94, Transit Score 88.
Subway
3 min walk
Bike
12 docks adj.
F&B
40+ within 5 min
