facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Lease

/

391 Jay Street

Laboz Family Leases Retail Space To Guactime On 391 Jay Street, Brooklyn, With Brokers Tanner Zar & Adam Lavian - Titan Group New York And Joey Bouzaglou & Elliot Beyda - Tri State Commercial Realty
LEASEDMultiFamily

Laboz Family Leases Retail Space To Guactime On 391 Jay Street, Brooklyn, With Brokers Tanner Zar & Adam Lavian - Titan Group New York And Joey Bouzaglou & Elliot Beyda - Tri State Commercial Realty

391 Jay Street

$175

$175/SF

Building Size

1,200 SF

Asset Type

MultiFamily

Closing

Jan 1, 2023

AI

The retail property located at 391 Jay Street in Brooklyn has been leased to Guactime, according to recent records. The property spans approximately 1,200 square feet and the asking rent was set at $175 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 391 Jay Street, Brooklyn
  • Tenant: Guactime
  • Asking Rent: $175/ft

Tanner Zar and Adam Lavian from Titan Group New York represented the landlord, Laboz Family, while Joey Bouzaglou and Elliot Beyda from Tri State Commercial Realty served as the tenant's representatives in this deal.

Titan Group New York is a tech-focused firm that specializes in bridging the gap between landlords and tenants. They utilize new real estate software to optimize their performance. For more information on leasing vacant commercial or residential spaces, or if you are a tenant in search of a new space, you can reach out to Titan Group directly using the contact details below:

Tanner Zar
Email: [email protected]
Phone: (516) 606-8998

Tyler Zar
Email: [email protected]
Phone: (516) 784-0478

Adam Lavian
Email: [email protected]
Phone: (516) 662-6176

Follow Titan Group on Twitter: @TitanGroupNY

Players

Adam Lavian

Titan Group New York

Broker

58 deals

Broker

Albert Laboz

United American Land

Broker

$323.8M

vol

11 deals

Broker

Albert Laboz

United American Land

Landlord

$323.8M

vol

11 deals

Landlord

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

90645.71%

Cash-on-Cash

-25906.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93