Updated Oct 29, 2024
Rosenberg Housing Group Leases 17721 SF At 1824 Park Pl Brooklyn With New Street Realty Advisors And CBRE
1824 Park Pl, Brooklyn, NY, 11233
$30
$30/SF
Building Size
17,721 SF
Asset Type
MultiFamily
Closing
Aug 18, 2017
About this deal
AI
The property located at 1824 Park Pl, Brooklyn, NY, is under a lease transaction involving a total area of 17,721 square feet. The market for this property is Brooklyn, with a rental rate of $30 per square foot.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1824 Park Pl, Brooklyn, NY, 11233
- Market: Brooklyn
- Landlord: Rosenberg Housing Group
- Landlord's Representatives: Joshua Gettler (New Street Realty Advisors), Matthew Gorman (CBRE)
- Square Feet: 17,721
- Rent/SF: $30
This transaction involved the landlord, Rosenberg Housing Group, represented by Joshua Gettler from New Street Realty Advisors and Matthew Gorman from CBRE, facilitating the lease agreement for the property.
On the Map
$30
$30/SF
MultiFamily
View full map
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Lease transactions
Loading comparables…
Deal FAQ
Visit Matthew Gorman to view all their deals.
Browse New York multifamily leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
528766.67%
Cash-on-Cash
-151123.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93