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105 Leonard Street

MLJTC2 Leases 2,000 SF Office Space In Brooklyn At 105 Leonard St
LEASEDOffice

MLJTC2 Leases 2,000 SF Office Space In Brooklyn At 105 Leonard St

105 Leonard Street

$33

$33/SF

Building Size

2,000 SF

Asset Type

Office

Closing

Aug 23, 2022

AI

The office space located at 105 Leonard St in Brooklyn has been leased in a closed transaction. The property, owned by Unique Builders, has been leased by MLJTC2. The lease deal was facilitated by John Le Vine, Archibald Rowan, and Stephen Forino of EXR, who represented the landlord.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: N/A
  • Address: 105 Leonard St, Brooklyn
  • Market: Brooklyn
  • Landlord: Unique Builders
  • Tenant: MLJTC2
  • Landlord's Representative: John Le Vine, Archibald Rowan & Stephen Forino - EXR
  • Asking Rent: $33/ft.
  • Square Footage: 2,000

The lease transaction at 105 Leonard St in Brooklyn involved Unique Builders as the landlord and MLJTC2 as the tenant. The deal was facilitated by John Le Vine, Archibald Rowan, and Stephen Forino from the EXR agency, who represented the landlord. This lease transaction did not disclose the specific amount of the lease deal.

Players

Archibald Rowan

EXR

Broker

9 deals

Broker

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

480696.97%

Cash-on-Cash

-137384.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93