Wellshow Nail Salon Leases Retail Space In Cobble Hill At 311 Court Street
311 Court Street
$110
$110/SF
Building Size
3,400 SF
Asset Type
MultiFamily
Closing
Mar 28, 2023
AI
A retail property located at 311 Court Street in the Cobble Hill market has been leased. The property, spanning 1,100 square feet, was leased by Wellshow Nail Salon. The landlord in this transaction was the Gora Group, represented by Sam Friedman. The leasing deal was facilitated by brokers David Sabbagh, David Green, and Akram Mozeb from KSR. The asking rent for the space was $110 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not available
- Address: 311 Court Street
- Market: Cobble Hill
- Tenant: Wellshow Nail Salon
- Landlord: Gora Group - Sam Friedman
- Brokers: David Sabbagh, David Green, and Akram Mozeb - KSR
- Asking Rent: $110 per square foot
The leasing deal for the retail property at 311 Court Street was successfully managed by brokers David Sabbagh, David Green, and Akram Mozeb from KSR. They represented the Gora Group, headed by Sam Friedman, who acted as the landlord in this transaction. Wellshow Nail Salon secured the lease for this 1,100 square-foot space in the Cobble Hill market, agreeing to an asking rent of $110 per square foot.
Players
New York City 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
144209.09%
Cash-on-Cash
-41215.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93