Simon Loffler Leases Mixed-Use Property At 314 52nd Street To Spring Physical Therapy
314 52nd Street
$60
$60/SF
Building Size
1,500 SF
Asset Type
Mixed-use
Closing
Mar 9, 2026
About this deal
AI
The mixed-use property located at 314 52nd Street in Brooklyn features a lease type classified as a Single Net Lease. The transaction involves an asking rent of $60 per square foot for a total area of 1,500 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: $60/ft
- Asset Size: 1,500 SF
- Address: 314 52nd Street
- Market: Brooklyn
- Landlord: Simon Loffler
- Tenant: Spring Physical Therapy
- Broker: Meyer Dagmy - MOD
This transaction was facilitated by Meyer Dagmy, representing the landlord Simon Loffler, highlighting the professional involvement in the leasing process of this property. The transaction aligns tenant needs with landlord offerings, showcasing the functionality of the mixed-use space.
On the Map
$60
$60/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
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93