Kochman Lebowitz & Mogil, MD, LLP Signs Lease At 975 E 13th St Brooklyn With Craig Berman
975 E 13th St, Brooklyn, NY, 11230
Building Size
10,175 SF
Asset Type
—
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 975 E 13th St, Brooklyn, NY, 11230. It is classified as a lease with a total square footage of 10,175. The market for this property is Brooklyn.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 975 E 13th St, Brooklyn, NY, 11230
- Market: Brooklyn
- Square Feet: 10,175
- Tenant: Kochman Lebowitz & Mogil, MD, LLP
- Landlord: 1301 Avenue J LLC
- Tenant's Representative: Craig Berman-Joseph P. Day Realty Corp
This transaction involves key players in the leasing of the property, with the tenant represented by Craig Berman from Joseph P. Day Realty Corp. The landlord for this lease is 1301 Avenue J LLC, who has engaged in this agreement with Kochman Lebowitz & Mogil, MD, LLP as the tenant.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93