Juice Bar Leases 1200 Square Feet At 703 Rogers Ave Brooklyn With Tri State Commercial Realty
703 Rogers Ave, Brooklyn, NY, 11226
$30
$30/SF
Building Size
1,200 SF
Asset Type
MultiFamily
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 703 Rogers Ave, Brooklyn, NY 11226. The total square footage is 1,200 square feet, with a rent price of $30 per square foot. The market for this property is Brooklyn, and it is associated with the landlord 703 Rogers LLC.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 703 Rogers Ave, Brooklyn, NY, 11226
- Square Footage: 1200
- Rent/SF: $30
- Tenant: Juice Bar
- Landlord: 703 Rogers LLC
- Tenant's Representative: Joseph (Joey) Bouzaglou - Tri State Commercial Realty
- Landlord's Representative: Eddie Keda - Tri State Commercial Realty
The deal involves the tenant Juice Bar leasing the property with representation by Joseph (Joey) Bouzaglou and Eddie Keda, both from Tri State Commercial Realty, serving as the representatives for the tenant and landlord, respectively.
Players
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
528766.67%
Cash-on-Cash
-151123.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93