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219 36th St, Brooklyn, NY, ...

FBE Limited Leases 14500 Square Feet At 219 36th St Brooklyn With Tenant's Rep Jonathan Schindler
LEASEDOffice

FBE Limited Leases 14500 Square Feet At 219 36th St Brooklyn With Tenant's Rep Jonathan Schindler

219 36th St, Brooklyn, NY, 11232

Building Size

14,500 SF

Asset Type

Office

Closing

Sep 13, 2018

AI

The property asset involved in this transaction is located at 219 36th St, Brooklyn, NY, 11232. It is a lease with a total square footage of 14,500. The market for this property is categorized as Brooklyn.

Summary of transaction details:

The transaction involved key representatives in the leasing process, including Jonathan Schindler, who represented the tenant, and multiple representatives for the landlord, including Kathe Chase and David Young. This coordination highlights the engagement of notable firms in the leasing agreement.

Players

David Young

NAI Global

Broker

$135.3M

vol

6 deals

Broker
Avison Young
Avison YoungBrokerage

Brooklyn Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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