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55 Prospect St, Brooklyn, N...

Jump Leases 5000 Square Feet At 55 Prospect St Brooklyn Represented By Alice Fair Of CBRE
LEASEDOffice

Jump Leases 5000 Square Feet At 55 Prospect St Brooklyn Represented By Alice Fair Of CBRE

55 Prospect St, Brooklyn, NY, 11201

Building Size

5,000 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 55 Prospect St, Brooklyn, NY, 11201. It consists of 5,000 square feet and is situated in the Brooklyn market. The landlord for this lease is RFR Realty.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 55 Prospect St, Brooklyn, NY, 11201
  • Square Feet: 5,000
  • Tenant: Jump
  • Tenant's Representative: Alice Fair (CBRE)
  • Landlord: RFR Realty

This transaction features Alice Fair from CBRE representing the tenant, Jump, in negotiations with RFR Realty, the landlord of the property.

Players

Alice Fair

CBRE

Broker

11 deals

Broker

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