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220 36th Street

American Outcomes Management Leases 13,614 SF Commercial Space At 220 36th St, Brooklyn
LEASEDCommercial

American Outcomes Management Leases 13,614 SF Commercial Space At 220 36th St, Brooklyn

220 36th Street

Building Size

13,614 SF

Asset Type

Commercial

Closing

Aug 4, 2023

AI

Medical provider American Outcomes Management has signed a lease for a 13,614-square-foot space located at 220 36th St., Brooklyn in Industry City. The property is a commercial asset that will serve as American Outcomes Management's new location in Brooklyn.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: Lease
  • Square Footage: 13,614
  • Address: 220 36th St, Brooklyn
  • Market: Brooklyn

The landlord of the property is Belvedere Capital and Jamestown Properties, represented by Nick Shears and Jeff Fein. The lease deal was facilitated by David Newton and Kelly Koukou from Lee & Associates, who represented American Outcomes Management as their brokers.

Players

Kelly Koukou

Lee & Associates

Broker

$49.4M

vol

8 deals

Broker
AM
American Outcomes ManagementTenant

New York Commercial Market Snapshot

Boundary boundary · Commercial · 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