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910 Union Street

Updated Oct 29, 2024

Brooklyn Prep Academy Daycare Leases Mixed-Use Space On Union Street In Park Slope, Brooklyn
LEASEDMixed-use

Brooklyn Prep Academy Daycare Leases Mixed-Use Space On Union Street In Park Slope, Brooklyn

910 Union Street

$50

$50/SF

Building Size

6,000 SF

Asset Type

Mixed-use

Closing

Jan 25, 2023

About this deal

AI

The mixed-use property located at 910 Union Street in Park Slope, Brooklyn has been leased in a recent transaction. The property is comprised of 6,000 square feet and boasts a prime location in the Park Slope market. The landlord, American Development Group, secured a tenant for the space, Brooklyn Prep Academy Daycare.

Summary of transaction details

  • Property Type: Mixed-Use
  • Transaction Amount: Not disclosed
  • Address: 910 Union Street
  • Market: Park Slope, Brooklyn

The lease transaction was facilitated by Meyer Dagmy from MOD. Meyer Dagmy represented the landlord, American Development Group, in securing Brooklyn Prep Academy Daycare as the tenant for the property.

On the Map

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$50

$50/SF

Mixed-use

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Players

Meyer Dagmy
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Meyer Dagmy

MOD

Broker

$5.5M

vol

98 deals

Broker
AG
American Development GroupLandlord
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Market Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Deal FAQ

About $50 per square foot on a published $50 for 6,000 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

317260.00%

Cash-on-Cash

-90673.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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