Chris Salizzoni Of Capital Real Estate Advisors Represents Tenant In Lease At 168 39th St Brooklyn
168 39th St, New York, NY, 11232
Building Size
20,000 SF
Asset Type
Office
Closing
Mar 5, 2020
AI
The property asset involved in this transaction is located at 168 39th St, New York, NY, 11232, in the Brooklyn market. It is a lease transaction with a total square footage of 20,000. The landlord for this property is Angelo, Gordon & Co.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 168 39th St, New York, NY, 11232
- Market: Brooklyn
- Square Feet: 20,000
- Landlord: Angelo, Gordon & Co.
- Tenant's Representative: Chris Salizzoni (Capital Real Estate Advisors)
This lease transaction highlights the role of Chris Salizzoni from Capital Real Estate Advisors, who represents the tenant in this deal. The involvement of a professional broker emphasizes the structured approach to securing the lease for the property.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93