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582 Livonia Avenue

Total Wireless Leases Mixed-Use Space At 582 Livonia Avenue Brooklyn For $40 Per Foot
LEASEDMixed-use

Total Wireless Leases Mixed-Use Space At 582 Livonia Avenue Brooklyn For $40 Per Foot

582 Livonia Avenue

$40

$40/SF

Building Size

1,000 SF

Asset Type

Mixed-use

Closing

Jun 1, 2025

AI

The property involved in this transaction is a mixed-use asset located at 582 Livonia Avenue in Brooklyn. The asking rent for the leased space is $40 per square foot, covering a total area of 1,000 square feet. The lease is structured as a double net lease with a term of 5 years.

Summary of transaction details:

This transaction showcases the involvement of Alana McIntosh, who represents the landlord in this lease agreement. The tenant, Total Wireless, will occupy the property under the specified lease terms.

Players

Alana McIntosh

Keller Williams Realty

Broker

$3.3M

vol

4 deals

Broker
Keller Williams Realty
Keller Williams RealtyBrokerage

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

396575.00%

Cash-on-Cash

-113342.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93