Lyles & King Leases Mixed-Use Space At 21 Henry Street In Two Bridges
21 North Henry Street, Brooklyn, NY 11222, USA
Building Size
1,100 SF
Asset Type
Mixed-use
Closing
Mar 31, 2021
AI
The mixed-use property located at 21 Henry Street in Two Bridges has recently been leased. The transaction took place on 04/01/2021. The tenant for the property is Lyles & King, while the landlord is Abe Cohen. The deal was facilitated by broker Elliot Beyda.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Date: 04/01/2021
- Address: 21 Henry Street
- Market: Two Bridges
The asking rent for this space was $72 per square foot, and it offers 1,100 square feet of space. BH Realty, which represents many spaces in the Chinatown/Two Bridges area, noted that interested individuals can contact them at 347-578-2410.
For more information about the property, please refer to the Instagram post by Elliot Beyda.
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