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160 Van Brunt StBrooklyn, N...

Walker Kitchens Leases 11,000 SF Office Space At 160 Van Brunt Street, Brooklyn
LEASEDOffice

Walker Kitchens Leases 11,000 SF Office Space At 160 Van Brunt Street, Brooklyn

160 Van Brunt StBrooklyn, NY 11231, USA

$30

$30/SF

Building Size

11,000 SF

Asset Type

Office

Closing

Jun 14, 2023

AI

Walker Kitchens has signed a lease for a 11,000-square-foot space at 160 Van Brunt Street in Red Hook, Brooklyn. The property, also known as the Tesla Building, is owned by FM Capital. The lease terms are set for five years with an asking rent of $30 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Address: 160 Van Brunt Street, Brooklyn
  • Market: Brooklyn

The tenant, Walker Kitchens, was represented by the team of Joseph Bouzaglou, Eddie Keda, and Chandler Slate from Tri State Commercial Realty.

Players

Chandler Slate

Tri State Commercial Realty

Broker

$10.7M

vol

33 deals

Broker
FM Capital
FM CapitalLender
FM Capital
FM CapitalLandlord

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

528766.67%

Cash-on-Cash

-151123.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93