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
About this deal
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.
On the Map
$90
$90/SF
Mixed-use
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Players
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