Ding Soup Dumplings Leases Mixed-Use Space In Brooklyn Heights
162 Montague Street, Brooklyn, NY 11201, USA
Building Size
1,200 SF
Asset Type
Mixed-use
Closing
Jul 27, 2020
AI
The mixed-use property located at 162 Montague Street in Brooklyn Heights has recently been leased. The tenant for this space is Ding Soup Dumplings, specializing in delicious soup dumplings and other delicacies. The landlord of the property is Conway Capital. The leasing process was facilitated by Elliot Beyda from BH Realty.
Summary of transaction details:
- Property Type: Mixed-use
- Asking Rent: $100 per square foot
- Square Footage: 1,200
- Date: July 27, 2021
- Market: Brooklyn Heights
This lease agreement marks the tenth successful retail lease signed by BH Realty in the past year, highlighting their expertise in matching the right tenant with the right space. For any leasing inquiries or further information, please contact Elliot Beyda at 347-578-2410 or [email protected].
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