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325 Kent Ave, Brooklyn, NY,...

Jaime Schultz And Jeffrey Lopez Of Lee & Associates Represent Tenant In 1504 Sq Ft Lease In Brooklyn
LEASEDOffice

Jaime Schultz And Jeffrey Lopez Of Lee & Associates Represent Tenant In 1504 Sq Ft Lease In Brooklyn

325 Kent Ave, Brooklyn, NY, 11249

Building Size

1,504 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 325 Kent Ave, Brooklyn, NY, 11249. It has an area of 1,504 square feet and is situated in the Brooklyn market.

Summary of transaction details:

This transaction involved Jaime Schultz and Jeffrey Lopez representing the tenant, while Two Trees Management Company served as the landlord in this lease agreement.

Players

Jeffrey Lopez

Lee & Associates

Broker

$4.5M

vol

10 deals

Broker
Two Trees Management
Two Trees ManagementBrokerage
Two Trees Management
Two Trees ManagementLandlord

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