Updated Oct 29, 2024
Livestyle Designs Leases MultiFamily Space In Brooklyn From Flatiron Williamsburg Property Group LLC
146 Wythe Ave, Brooklyn, NY, 11249
$165
$165/SF
Building Size
3,550 SF
Asset Type
MultiFamily
Closing
Mar 23, 2017
About this deal
AI
The property located at 146 Wythe Ave, Brooklyn, NY, 11249 is a MultiFamily asset with a total square footage of 3550. The transaction, a lease, was finalized on 03/23/2017. The market where this property resides is in Brooklyn, with Livestyle Designs as the tenant and Flatiron Williamsburg Property Group LLC as the landlord. The agreed rent per square foot is $165.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: Not Applicable
- Tenant: Livestyle Designs
- Landlord: Flatiron Williamsburg Property Group LLC
- Tenant's Rep: Peter Levitan
The deal's key individuals involved in the lease transaction at 146 Wythe Ave, Brooklyn, NY, 11249 are Peter Levitan, who represented the tenant, Livestyle Designs, and the landlord, Flatiron Williamsburg Property Group LLC.
Players
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
96139.39%
Cash-on-Cash
-27476.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93