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1233 Mcdonald Avenue

Josh Kalimi Leases Multifamily Space At 1233 Mcdonald Avenue To Alliance Capital Advisors
LEASEDMultiFamily

Josh Kalimi Leases Multifamily Space At 1233 Mcdonald Avenue To Alliance Capital Advisors

1233 Mcdonald Avenue

$35

$35/SF

Building Size

2,200 SF

Asset Type

MultiFamily

Closing

Jul 24, 2024

AI

The property asset involved in this transaction is a multifamily building located at 1233 Mcdonald Avenue in Brooklyn. The lease type is a modified gross lease, with an asking rent of $35 per square foot and a total square footage of 2,200.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $35/ft
  • Address: 1233 Mcdonald Avenue
  • Market: Brooklyn
  • Landlord: Josh Kalimi
  • Tenant: Alliance Capital Advisors
  • Broker: Charles Haber - Swift Retail Advisors

The deal involves key individuals, including Josh Kalimi as the landlord and Alliance Capital Advisors as the tenant. Charles Haber represents Swift Retail Advisors in this transaction, facilitating the leasing process between the involved parties.

Players

Charles Haber

Swift Real Estate Advisors

Broker

$1.6M

vol

3 deals

Broker

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

453228.57%

Cash-on-Cash

-129534.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93