Thor Equities Leases Office Space In Brooklyn To Tiny Steps At 180 Livingston St
180 Livingston St, Brooklyn, NY, 11201
Building Size
9,000 SF
Asset Type
Office
Closing
Jan 22, 2019
AI
The office property located at 180 Livingston St, Brooklyn, NY, 11201 in Brooklyn has been leased. The asset spans a total of 9000 square feet and was leased on 01/22/2019. The tenant, Tiny Steps, secured this office space from the landlord, Thor Equities. Representing the tenant in this transaction was Laki Latinka Igrutinovic from City Connections Realty.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant: Tiny Steps
- Landlord: Thor Equities
- Square Feet: 9000
The leasing deal for the office property at 180 Livingston St was facilitated by Laki Latinka Igrutinovic from City Connections Realty, representing Tiny Steps, the tenant. Thor Equities acted as the landlord in this transaction.
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