LEASEDOffice
Maimonides Health Signs 10-Year Lease Agreement For Office Space In Marine Park
2275 Coleman Street,Marine Park, NY 11234, USA
$50
$50/SF
Building Size
8,000 SF
Asset Type
Office
Closing
Mar 29, 2023
AI
An office space located at 2275 Coleman Street in Marine Park has been leased to Maimonides Health. The lease terms are for 10 years. The asking rent for the 8,000 square foot space was $50 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease
- Date: 03/29/2023
- Address: 2275 Coleman Street
- Market: Marine Park
- Landlord: Coleman Suites
- Tenant: Maimonides Health
- Broker: Nick Zweig - Locations Commercial Real Estate
- Asking Rent: $50/ft
- Square Footage: 8,000
Nick Zweig from Locations Commercial Real Estate represented Maimonides Health in the lease deal.
Players
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
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93