Basic Support LLC Signs Lease At 160 Havemeyer St In Brooklyn For $114/SF
160 Havemeyer St, Brooklyn, NY, 11211
$114
$114/SF
Building Size
500 SF
Asset Type
—
Closing
Nov 22, 2023
About this deal
AI
The property at 160 Havemeyer St, Brooklyn, NY, 11211, is a commercial space with a rental rate of $114 per square foot, spanning 500 square feet. The landlord, Hudson View Realty LLC, facilitated the lease agreement with Basic Support LLC as the tenant, represented by Victor Salem of Tri State Commercial Realty.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Applicable
- Market: Brooklyn
- Landlord's Rep: Victor Salem(Tri State Commercial Realty)
- Tenant: Basic Support LLC
- Landlord: Hudson View Realty LLC
- Rent/SF: $114
- Square Feet: 500
The deal involved the landlord's representative, Victor Salem of Tri State Commercial Realty, negotiating the lease agreement with the tenant, Basic Support LLC, for the commercial space located in Brooklyn. This transaction further solidifies the presence of both parties in the Brooklyn market.
On the Map
$114
$114/SF
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Players
Brooklyn CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
139149.12%
Cash-on-Cash
-39769.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93