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:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 219 36th St, Brooklyn, NY, 11232
- Square Feet: 14,500
- Tenant's Representative: Jonathan Schindler - Cushman & Wakefield
- Landlord: FBE Limited
- Landlord's Representatives: Kathe Chase - Industry City, David Young - NAI Capital
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
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