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145 Broadway

Ari Presser Leases Mixed-Use Space At 145 Broadway Brooklyn To Honey Nails For $90/ft
LEASEDMixed-use

Ari Presser Leases Mixed-Use Space At 145 Broadway Brooklyn To Honey Nails For $90/ft

145 Broadway

$90

$90/SF

Building Size

1,600 SF

Asset Type

Mixed-use

Closing

Jan 15, 2025

AI

The property involved in this lease transaction is a mixed-use asset located at 145 Broadway, Brooklyn. The asking rent for the space is $90 per square foot, encompassing a total area of 1,600 square feet. This lease is categorized under a modified gross lease type.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $144,000
  • Address: 145 Broadway
  • Market: Brooklyn
  • Landlord: Ari Presser
  • Tenant: Honey Nails
  • Broker: Eddie Mamiye - MOD
  • Lease Type: Modified Gross Lease

The deal features key individuals including Ari Presser representing the landlord and Honey Nails as the tenant. Eddie Mamiye from MOD acted as the broker for this transaction, facilitating the lease agreement between the parties involved.

Players

Eddie Mamiye

Broker

$1.4M

vol

52 deals

Broker
M
MODBrokerage

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

176255.56%

Cash-on-Cash

-50374.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93