Kyuramen Leases Mixed-use Space At 155 5th Avenue In Park Slope, Brooklyn
155 5th Avenue, Park Slope, Brooklyn, NY, USA
Building Size
1,600 SF
Asset Type
Mixed-use
Closing
Jun 14, 2021
AI
A mixed-use asset located at 155 5th Avenue in Park Slope has been leased by KYURAMEN. The landlord for this property is Conway Capital. The tenant was represented by Blair Li and Jeff Geoghegan from Kassin Sabbagh Realty, while the landlord was represented by Elliot Beyda from BH Realty. The lease was signed on 06/15/2021.
Summary of transaction details:
- Property Type: Mixed-use
- Address: 155 5th Avenue
- Market: Park Slope
- Tenant: KYURAMEN
- Landlord: Conway Capital
- Tenant's Representative: Blair Li & Jeff Geoghegan - Kassin Sabbagh Realty
- Landlord's Representative: Elliot Beyda - BH Realty
- Asking Rent: $75/ft.
- Square Footage: 1,600
Blair Li, Jeff Geoghegan, and Elliot Beyda played key roles in the leasing deal for the mixed-use property at 155 5th Avenue. Blair Li and Jeff Geoghegan represented KYURAMEN as tenant's representatives, while Elliot Beyda represented the landlord, Conway Capital. The deal was finalized on 06/15/2021.
Players
New York 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93