LEASEDMultiFamily
Smart Tax Leases Multifamily Space In Bedford-Stuyvesant With Brokers Dov Bleich, Shlomi Bagdadi & Avi Akiva
932A Myrtle Avenue, Brooklyn, NY 11206
Building Size
300 SF
Asset Type
MultiFamily
Closing
Oct 22, 2018
AI
An multifamily property located at 932A Myrtle Ave in Bedford-Stuyvesant has been leased. The transaction took place on 10/23/2018.
Summary of transaction details
- Property Type: Multifamily
- Tenant: Smart Tax
- Landlord: Alex Kohen
- Brokers: Dov Bleich, Shlomi Bagdadi & Avi Akiva
- Asking Price: $3,800
- Price per Square Foot: $152
- Square Footage: 300
Dov Bleich and Shlomi Bagdadi represented the landlord, Alex Kohen, in this lease deal.
Players
New York 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93