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703 Rogers Ave, Brooklyn, N...

Juice Bar Leases 1200 Square Feet At 703 Rogers Ave Brooklyn With Tri State Commercial Realty
LEASEDMultiFamily

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

Eddie Keda

Momentum Realty Group

Broker

25 deals

Broker
JB
Juice BarTenant

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