T-Swirl Crepe Leases Mixed-Use Space At 77 5th Avenue In Park Slope
77 5th Ave Brooklyn, NY 11217, USA
Building Size
1,000 SF
Asset Type
Mixed-use
Closing
Jun 1, 2023
About this deal
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.
On the Map
Mixed-use
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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
144209.09%
Cash-on-Cash
-41215.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93