Updated Oct 29, 2024
Brooklyn Spirits Signs Lease For 3300 Square Feet At 1829 Pacific St Brooklyn NY
1829 Pacific St, Brooklyn, NY, 11233
Building Size
3,300 SF
Asset Type
Industrial
Closing
Aug 30, 2016
About this deal
AI
The property involved in this transaction is located at 1829 Pacific St, Brooklyn, NY, 11233. It encompasses a total area of 3,300 square feet and is situated in Brooklyn. The landlord is Atlantic Properties.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 3,300
- Address: 1829 Pacific St, Brooklyn, NY, 11233
- Market: Brooklyn
- Landlord's Representative: Jeffrey Unger - Kalmon Dolgin Affiliates
- Tenant: Brooklyn Spirits
- Landlord: Atlantic Properties
Brooklyn Spirits, an alcohol bottling and warehousing company best known for its craft vodka brand, Brooklyn Republic, has signed a lease for this space. Grant Dolgin from Kalmon Dolgin Affiliates represented the tenant in the transaction.
Players
Brooklyn Industrial Market Snapshot
Boundary boundary · Industrial · 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