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160 7th St, Brooklyn, NY, 1...

Lease Signed For 1500 Square Feet At 160 7th St Brooklyn With Landlord's Rep Gina Damond
LEASEDOffice

Lease Signed For 1500 Square Feet At 160 7th St Brooklyn With Landlord's Rep Gina Damond

160 7th St, Brooklyn, NY, 11215

Building Size

1,500 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 160 7th St, Brooklyn, NY, with a total area of 1500 square feet. The property is situated in the Brooklyn market. The landlord is unknown.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 160 7th St, Brooklyn, NY, 11215
  • Market: Brooklyn
  • Square Feet: 1500
  • Landlord's Representative: Gina Damond-CPEX Real Estate
  • Tenant: Not specified
  • Landlord: Unknown

This lease transaction features the involvement of Gina Damond representing the landlord through CPEX Real Estate. Information regarding the tenant remains unspecified, as does the financial aspect of the lease agreement.

Players

Gina Damond

Cushman & Wakefield

Broker

4 deals

Broker

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93