facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Lease

/

541 Myrtle Avenue

Updated Dec 4, 2024

Yossi Eliav Leases Multifamily Property To 3 Kings Distribution In Clinton Hill, Brooklyn
LEASEDMultiFamily

Yossi Eliav Leases Multifamily Property To 3 Kings Distribution In Clinton Hill, Brooklyn

541 Myrtle Avenue

$120

$120/SF

Building Size

1,000 SF

Asset Type

MultiFamily

Closing

Oct 20, 2023

About this deal

AI

A multifamily property located at 541 Myrtle Avenue in Clinton Hill, Brooklyn has recently been leased. The asset, owned by Yossi Eliav, was leased to 3 Kings Distribution. The deal was facilitated by Meyer Dagmy of MOD. The lease type is a modified gross lease.

Summary of Transaction Details

  • Property Type: Multifamily
  • Address: 541 Myrtle Avenue
  • Market: Clinton Hill, Brooklyn
  • Landlord: Yossi Eliav
  • Tenant: 3 Kings Distribution
  • Broker: Meyer Dagmy - MOD
  • Lease Type: Modified Gross Lease
  • Asking Rent: $120/ft
  • Square Footage: 1,000 sq ft

Meyer Dagmy, the broker from MOD, played a crucial role in facilitating the lease of the multifamily property at 541 Myrtle Avenue in Clinton Hill, Brooklyn. The deal was successfully completed with 3 Kings Distribution as the tenant, under the guidance of Yossi Eliav, the property's landlord. The lease type agreed upon was a modified gross lease, with an asking rent of $120 per square foot for a total space of 1,000 square feet.

Players

Meyer Dagmy
Verified Badge

Meyer Dagmy

MOD

Broker

$5.5M

vol

95 deals

Broker
3D
3 Kings DistributionTenant

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

Loading comparables…

Deal FAQ

About $120 per square foot on a published $120 for 1,000 square feet (2023).

Visit Meyer Dagmy to view all their deals.

Browse Brooklyn multifamily leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

132191.67%

Cash-on-Cash

-37780.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets