Christopher J. Calabrese And Jordan Metz Lease 12000 SF Industrial Space In Brooklyn For $22.5/SF
185 30th St
$22
$22/SF
Building Size
12,000 SF
Asset Type
Industrial
Closing
Jul 25, 2023
AI
The property involved in this transaction is an industrial asset located at 185 30th St, Brooklyn. The lease agreement, dated 07/25/2023, pertains to a space totaling 12,000 square feet, with a rent rate of $22.5 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 185 30th St
- Market: Brooklyn
- Square Feet: 12,000.0
- Rent/SF: $22.5
Representing the deal are brokers Christopher J. Calabrese from The CS Organization and Jordan Metz from Bussel Realty, who facilitated the leasing process for this industrial space.
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
721045.45%
Cash-on-Cash
-206077.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93