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
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