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146 Wythe Ave, Brooklyn, NY...

Livestyle Designs Leases MultiFamily Space In Brooklyn From Flatiron Williamsburg Property Group LLC
LEASEDMultiFamily

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

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

Peter Levitan

Broker

2 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

96139.39%

Cash-on-Cash

-27476.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93