Michaels Stores Leases 22000 Square Feet At 1633 East 16th Street Brooklyn From AB Capstone
1633 East 16th Street, Brooklyn, NY 11229, USA
Building Size
22,000 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
No summary available.
Traded’s record for 1633 East 16th Street, Brooklyn, NY 11229, USA in Brooklyn, New York covers a office lease from 2024. The building is 22,000 square feet, implying about 0 per square foot on the published price. Named participants on the 1633 East 16th Street, Brooklyn, NY 11229, USA lease are Greg Batista. This page is the Brooklyn, New York file for the 1633 East 16th Street, Brooklyn, NY 11229, USA office leased: pricing, party profiles, and other closed office comps from the same Brooklyn sit in the Market section below. Filter that Brooklyn office set by closing date to see what else leased near 1633 East 16th Street, Brooklyn, NY 11229, USA around 2024. Cite this Michaels Stores Leases 22000 Square Feet At 1633 East 16th Street Brooklyn From AB Capstone lease when underwriting similar office product around Brooklyn, New York.
Players
Brooklyn Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse New York office leases on Traded.
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