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77 5th Ave Brooklyn, NY 112...

T-Swirl Crepe Leases Mixed-Use Space At 77 5th Avenue In Park Slope
LEASEDMixed-use

T-Swirl Crepe Leases Mixed-Use Space At 77 5th Avenue In Park Slope

77 5th Ave Brooklyn, NY 11217, USA

$110

$110/SF

Building Size

1,000 SF

Asset Type

Mixed-use

Closing

Jun 1, 2023

AI

The mixed-use property at 77 5th Avenue in Park Slope has been leased to T-Swirl Crepe. The property, represented by Richard Silverman of Silver Line Realty Group, features 1,000 square feet of space. The asking rent for the lease is $110 per square foot.

Summary of transaction details

  • Property Type: Mixed-Use
  • Asking Rent: $110/ft
  • Square Footage: 1,000
  • Address: 77 5th Avenue, Park Slope
  • Landlord: Elgart Family
  • Tenant: T-Swirl Crepe
  • Broker: Richard Silverman - Silver Line Realty Group

The Elgart Family, as the landlord, has leased the property at 77 5th Avenue to T-Swirl Crepe. The deal was facilitated by Richard Silverman from Silver Line Realty Group.

Players

Richard Silverman

Silverline Realty Group

Broker

7 deals

Broker

Elgart Family

Landlord

2 deals

Landlord

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

144209.09%

Cash-on-Cash

-41215.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93