Healthy Life NYC Leases Office Space At 1413 Avenue J Brooklyn From The Abeco Organization
1413 Avenue J
$30
$30/SF
Building Size
2,000 SF
Asset Type
Office
Closing
Oct 1, 2024
About this deal
AI
The property involved in this transaction is located at 1413 Avenue J, Brooklyn. It is classified as an office space with a size of 2,000 square feet. The asking rent for this property is $30 per square foot, and it is characterized by a Single Net Lease. The landlord associated with this lease is The Abeco Organization.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $30/ft
- Square Footage: 2,000
- Address: 1413 Avenue J
- Market: Brooklyn
- Landlord: The Abeco Organization
- Tenant: Healthy Life NYC
- Broker: Joseph Cohen - Genesis Real Estate Group
The transaction features key individuals and entities, including the landlord, The Abeco Organization, and the tenant, Healthy Life NYC. Joseph Cohen from Genesis Real Estate Group represents the broker in this leasing deal.
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