Drift Away Coffee Leases Industrial Space In East Williamsburg At 83 Debevoise Avenue
83 Debevoise Ave Brooklyn, NY 11222, USA
$30
$30/SF
Building Size
3,500 SF
Asset Type
Industrial
Closing
Mar 1, 2021
AI
The industrial property located at 83 Debevoise Avenue in East Williamsburg has recently been leased. The tenant, Drift Away Coffee, has secured a lease agreement for the space. The asking rent for the property was $30 per square foot, and the total square footage of the space is 3,500 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Date: 03/01/2021
- Address: 83 Debevoise Avenue
- Market: East Williamsburg
- Tenant: Drift Away Coffee
- Broker: Lauren Curcio - Worth Property Group
- Asking Rent: $30 per square foot
- Total Square Footage: 3,500 square feet
Lauren Curcio from Worth Property Group represented Drift Away Coffee as their broker in this lease transaction.
Players
Market 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
528766.67%
Cash-on-Cash
-151123.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93