Updated Oct 28, 2024
Hangman NYC Leases Industrial Space At 279 Frost Street In East Williamsburg With Broker Lauren Alexandra Curcio - Worth Property Group
279 Frost Street, Brooklyn, New York 11222, United States
$25
$25/SF
Building Size
5,950 SF
Asset Type
Industrial
Closing
Mar 1, 2022
About this deal
AI
The industrial property located at 279 Frost Street in East Williamsburg has been leased. The tenant, Hangman NYC, signed the lease agreement on 01/03/2022. The property spans 5,950 square feet and the asking rent was $25 per square foot.
Summary of transaction details
- Property Type: Industrial
- Date: 01/03/2022
- Address: 279 Frost Street
- Market: East Williamsburg
- Tenant: Hangman NYC
- Asking Rent: $25/ft
- Square Footage: 5,950
The leasing transaction was facilitated by Lauren Alexandra Curcio of Worth Property Group, who represented the tenant, Hangman NYC.
On the Map
$25
$25/SF
Industrial
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Players
New York 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
634520.00%
Cash-on-Cash
-181347.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93