TSwirl Crepe Leases Mixed-Use Space At 296 Bedford Avenue In Williamsburg, Brooklyn
296 Bedford Avenue
$230
$230/SF
Building Size
475 SF
Asset Type
Mixed-use
Closing
Oct 15, 2023
AI
The mixed-use property located at 296 Bedford Avenue in Williamsburg, Brooklyn has recently been leased. The landlord, Ranco Management, has entered into an agreement with TSwirl Crepe as the tenant. The deal was facilitated by Richard Silverman of Silver Line Realty Group NY.
Summary of Transaction Details
- Property Type: Mixed-use
- Transaction Date: October 15, 2023
- Address: 296 Bedford Avenue, Williamsburg, Brooklyn
- Market: Williamsburg, Brooklyn
- Landlord: Ranco Management
- Tenant: TSwirl Crepe
- Broker: Richard Silverman - Silver Line Realty Group NY
- Asking Rent: $230 per square foot
- Square Footage: 475
This transaction highlights the successful collaboration between Ranco Management and TSwirl Crepe, with the expertise of Richard Silverman from Silver Line Realty Group NY. The lease agreement for the mixed-use property at 296 Bedford Avenue ensures a prosperous future for the tenant, TSwirl Crepe, in the vibrant Williamsburg neighborhood of Brooklyn.
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
68969.57%
Cash-on-Cash
-19711.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93