Lease Signed For 5000 Square Feet At 172 3rd Ave Brooklyn Represented By Gina Damond CPEX Real Estate
172 3rd Ave, Brooklyn, NY, 11217
Building Size
5,000 SF
Asset Type
Development Site
Closing
Nov 20, 2023
AI
The property involved in this lease transaction is located at 172 3rd Ave, Brooklyn, NY, 11217. It features a total area of 5000 square feet within the Brooklyn market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 172 3rd Ave, Brooklyn, NY, 11217
- Market: Brooklyn
- Square Feet: 5000
- Landlord: Unknown
- Landlord's Representative: Gina Damond-CPEX Real Estate
- Tenant: Not disclosed
The transaction involves Gina Damond from CPEX Real Estate acting as the representative for the landlord. Specific information regarding the tenant has not been disclosed in this transaction.
Players
Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · 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