facebook

traded

+ Submit
Home

/

Deals

/

New York

/

All

/

Lease

/

134 Broadway, Brooklyn, NY,...

Caspi Development Leases 5000 Square Feet At 134 Broadway Brooklyn With Joseph Sipala Of JLL
LEASED

Caspi Development Leases 5000 Square Feet At 134 Broadway Brooklyn With Joseph Sipala Of JLL

134 Broadway, Brooklyn, NY, 11249

Building Size

5,000 SF

Asset Type

Closing

Nov 20, 2023

AI

The lease property is located at 134 Broadway, Brooklyn, NY, 11249, consisting of 5,000 square feet. The market for this transaction is Brooklyn, and the landlord is Caspi Development.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 134 Broadway, Brooklyn, NY, 11249
  • Square Feet: 5,000
  • Market: Brooklyn
  • Landlord's Representative: Joseph Sipala, JLL
  • Tenant: Not specified

This transaction involved key individuals and companies, specifically Joseph Sipala from JLL representing the landlord, Caspi Development, while the tenant details were not disclosed.

Players

Whitten Morris

JLL

Broker

5 deals

Broker
Joseph Sipala
Verified Badge

Joseph Sipala

JLL

Broker

8 deals

Broker
CD
Caspi DevelopmentLandlord

Brooklyn CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93