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1911 Broadway

Edge Point Leases 2,200 SF Industrial Space At 1911 Broadway Brooklyn To Shot By PM
LEASEDIndustrial

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

Aryeh Vilinsky
Verified Badge

Aryeh Vilinsky

Tahari Realty

Broker

63 deals

Broker
Shalom Elbaum

Shalom Elbaum

Broker
Broker

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