Pushing Fitness NYC Leases Mixed-Use Space At 49 Wyckoff Avenue In New York City With Broker BH Realty
49 Wyckoff Avenue & 49 Wyckoff Avenue
$32
$32/SF
Building Size
19,000 SF
Asset Type
Mixed-use
Closing
Dec 12, 2022
AI
The mixed-use property located at 49 Wyckoff Avenue in New York City has been leased. The tenant, Pushing Fitness Nyc, has secured a lease for a 9,500 square foot space. The lease term is set for 15 years with a 5-year option. The asking rent for the property was $32 per square foot.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: N/A
- Address: 49 Wyckoff Avenue
- Market: New York City
BH Realty represented the tenant, Pushing Fitness Nyc, in this lease transaction. The brokerage is known for its full-service residential and commercial real estate services. BH Realty prioritizes building strong relationships with clients while providing guidance on maximizing asset growth for property owners and developers.
For further information or assistance, please contact BH Realty at [email protected].
Players
New York City 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
495718.75%
Cash-on-Cash
-141677.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93