Updated Oct 29, 2024
East River Pilates Leases Industrial Space In Brooklyn For $50/ft. At 180 North 11th Street
180 North 11th Street, Brooklyn, NY 11249
Building Size
1,500 SF
Asset Type
Industrial
Closing
Aug 9, 2018
About this deal
AI
The industrial property located at 180 North 11th Street in Brooklyn has been leased. The tenant, East River Pilates, will occupy a space measuring 1,500 square feet. The lease price is set at $50 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $50/ft
Representing the tenant, East River Pilates, in this lease deal are brokers Chris Havens and Jordan Anhalt from TerraCRG. Tom Modine and Warren Lewis from Sotheby's represent the landlord, Great Point Properties.
Traded’s record for 180 North 11th Street, Brooklyn, NY 11249 in New York, New York covers a industrial lease from 2018. Published size for 180 North 11th Street, Brooklyn, NY 11249 is 1,500 square feet. Jordan Anhalt, Chris Havens, Terra CRG appear on the lease alongside Terra CRG. This page is the New York, New York file for the 180 North 11th Street, Brooklyn, NY 11249 industrial leased: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that New York industrial set by closing date to see what else leased near 180 North 11th Street, Brooklyn, NY 11249 around 2018. Cite this East River Pilates Leases Industrial Space In Brooklyn For $50/ft. At 180 North 11th Street lease when underwriting similar industrial product around New York, New York.
On the Map
Industrial
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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