PCS Solutions Leases Office Space At 1808 Avenue P In Midwood
1808 Avenue P, Brooklyn, New York 11229, United States
Building Size
6,000 SF
Asset Type
Office
Closing
Feb 5, 2022
About this deal
AI
PCS Solutions has leased an office space located at 1808 Avenue P in Midwood. The property, with a total area of 6,000 square feet, was leased at an asking rent of $30 per square foot. The lease transaction was facilitated by Fredy Halabi and Avi Akiva of Tri State Commercial Realty, representing the tenant.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Lease
- Address: 1808 Avenue P
- Market: Midwood
- Landlord: Jacob Duetsch, represented by 18 & P
- Tenant: PCS Solutions
- Brokers: Fredy Halabi & Avi Akiva from Tri State Commercial Realty
Fredy Halabi and Avi Akiva, serving as the tenant's brokers, played a vital role in facilitating the lease transaction for PCS Solutions. The specific terms and conditions of the lease agreement were not provided in the available information.
Players
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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