Platinum Realty Leases 950 Square Feet At 160 Atlantic Ave Brooklyn With Dave Ratner As Rep
160 Atlantic Ave, Brooklyn, NY, 11201
$101
$101/SF
Building Size
950 SF
Asset Type
—
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 160 Atlantic Ave, Brooklyn, NY, 11201. The market for this property is Brooklyn, and it encompasses a total of 950 square feet. The rent per square foot is set at $101. The landlord for this lease is Platinum Realty.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 160 Atlantic Ave, Brooklyn, NY, 11201
- Market: Brooklyn
- Landlord's Representative: Dave Ratner-MNS
- Landlord: Platinum Realty
- Square Feet: 950
- Rent/SF: $101
The deal features Dave Ratner representing the landlord, Platinum Realty, in this leasing transaction. No tenant details were provided. The transaction outlines the collaborative effort between the landlord's representative and the landlord.
Players
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
157059.41%
Cash-on-Cash
-44888.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93