Edge Point Leases 2,200 SF Industrial Space At 1911 Broadway Brooklyn To Shot By PM
1911 Broadway
$84,000
$84,000/SF
Building Size
2,200 SF
Asset Type
Industrial
Closing
Jun 7, 2026
AI
The asset involved in this transaction is an industrial property located at 1911 Broadway in Brooklyn. The lease has a term of 10 years and is classified as a modified gross lease. The asking rent is set at $35 per square foot for a total area of 2,200 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $35/ft
- Address: 1911 Broadway
- Market: Brooklyn
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: Edge Point
- Tenant: Shot by PM
- Landlord's Rep: Aryeh Vilinsky & Abraham Cohen - Tahari Realty
- Tenant's Rep: Shalom Elbaum - City Lofts NY
Aryeh Vilinsky and Abraham Cohen represent the landlord, Edge Point, in this lease transaction while Shalom Elbaum represents the tenant, Shot by PM. These representatives play crucial roles in facilitating the negotiations and finalizing the lease agreement.
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
188.85%
Cash-on-Cash
-53.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93