Terence McMahon Represents Whyte Management In Office Lease In Brentwood
1825 Brentwood Rd, Brentwood, NY, 1...
Building Size
2,320 SF
Asset Type
Office
Closing
Nov 22, 2023
AI
Located in Brentwood, 1825 Brentwood Road is an office property leased by Whyte Management, specializing in chiropractic and physical therapy offices. The property offers 2,320 square feet of space in the Brentwood market.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1825 Brentwood Rd, Brentwood, NY
- Market: Brentwood
- Tenant: Whyte Management
- Landlord: 1825 Brentwood Road Associates
- Square Feet: 2320
- Landlord's Rep: Terence McMahon (Island Associates Real Estate Inc.)
Terence McMahon, from Island Associates Real Estate Inc., played a dual role in the lease transaction of 1825 Brentwood Road. Representing both the tenant and the landlord, McMahon facilitated the agreement between Whyte Management and 1825 Brentwood Road Associates.
Brentwood 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