Ed Kent Leases Office Space To OSB At 14 53rd Street Brooklyn For $30 Per Foot
14 53rd Street
$30
$30/SF
Building Size
2,000 SF
Asset Type
Office
Closing
Oct 14, 2025
AI
The property asset involved in the transaction is located at 14 53rd Street in Brooklyn. It is classified as office space with a total area of 2,000 square feet. The asking rent for this property is set at $30 per square foot, and the lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $30/ft
- Square Footage: 2,000
- Address: 14 53rd Street
- Market: Brooklyn
- Landlord: Ed Kent
- Tenant: OSB
- Broker: Allison Portera - J3K Real Estate
Allison Portera from J3K Real Estate represented the interests of the tenant, OSB, in this lease transaction. J3K Real Estate is known for its active involvement across all NYC boroughs, handling office, retail, and industrial requirements.
Players
Brooklyn 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
528766.67%
Cash-on-Cash
-151123.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93