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461 Dean Street

Pure Green Leases Retail Space At 461 Dean Street In Downtown Brooklyn
LEASEDMultiFamily

Pure Green Leases Retail Space At 461 Dean Street In Downtown Brooklyn

461 Dean Street

$95

$95/SF

Building Size

1,100 SF

Asset Type

MultiFamily

Closing

Dec 1, 2023

AI

The retail property located at 461 Dean Street in Downtown Brooklyn has been leased. The asset spans approximately 1,100 square feet and was leased by Pure Green at an asking rent of $95 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 461 Dean Street
  • Market: Downtown Brooklyn
  • Tenant: Pure Green
  • Asking Rent: $95/ft
  • Square Footage: 1,100

The tenant, Pure Green, leased the retail space at 461 Dean Street. The landlord's representatives from CBRE involved in the deal were Christopher Betting, Jojo Lewis, Jeremy Scholder, and Dean Rosenzweig. Pure Green was represented by George Skaliarinis and Solomon Tbeile from KSR.

Please direct any additional location submissions for Pure Green in South Brooklyn to George Skaliarinis at [email protected] and Solomon Tbeile at [email protected].

Players

Dean Rosenzweig

Broker

$25.5M

vol

13 deals

Broker
Principal Real Estate Investors
Principal Real Estate InvestorsLandlord

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

166978.95%

Cash-on-Cash

-47723.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93