Mevrou Leases 2000 SF At 55 Meadow St Brooklyn Represented By Dave Ratner MNS
55 Meadow St, Brooklyn, NY, 11206
$30
$30/SF
Building Size
2,000 SF
Asset Type
—
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 55 Meadow St, Brooklyn, NY, 11206, within the Brooklyn market. The total square footage of the property is 2,000 square feet. The rental price per square foot is $30.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Specified
- Address: 55 Meadow St, Brooklyn, NY, 11206
- Market: Brooklyn
- Tenant: Mevrou
- Landlord: Michael Grossman
- Tenant's Representative: Dave Ratner-MNS
Representing the tenant in this lease transaction is Dave Ratner from MNS. The landlord, Michael Grossman, is involved in facilitating this lease agreement, ensuring a successful arrangement between both parties.
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
528766.67%
Cash-on-Cash
-151123.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93