Datalot Signs Lease With Pearl Realty Management For 8000 Square Feet At 53 Bridge St Brooklyn
53 Bridge St, Brooklyn, NY, 11201
$45
$45/SF
Building Size
8,000 SF
Asset Type
Office
Closing
Jun 19, 2018
About this deal
AI
The property located at 53 Bridge St, Brooklyn, NY, 11201, is an 8,000 square foot lease transaction situated in the Brooklyn market. The rent per square foot for this transaction is $45.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 53 Bridge St, Brooklyn, NY, 11201
- Market: Brooklyn
- Square Feet: 8,000
- Rent/SF: 45
- Tenant: Datalot
- Landlord: Pearl Realty Management
- Tenant's Representative: Christopher Havens (TerraCRG)
This transaction involves key participants, including the tenant Datalot, which has secured the lease, and the landlord Pearl Realty Management. Christopher Havens from TerraCRG acted as the representative for the tenant in this deal.
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
352511.11%
Cash-on-Cash
-100748.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93