Jamron Counseling Leases Office Space At 65 Maspeth Avenue In Brooklyn For 10 Years
65 Maspeth Avenue
$33
$33/SF
Building Size
3,925 SF
Asset Type
Office
Closing
Aug 20, 2025
About this deal
AI
This transaction involves an office space located at 65 Maspeth Avenue in the Brooklyn market. The leased space covers 3,925 square feet and has an asking rent of $33 per square foot. The lease agreement is structured as a Modified Gross Lease with a term of 10 years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $129,475
- Date: 8/21/2025
- Landlord: 109Co
- Tenant: Jamron Counseling
- Lease Term: 10 Years
- Broker: Joseph DiPiazza & John Le Vine - EXR @EXRNY
EXR has successfully leased a total of 6,679 square feet of Brooklyn office space since the fourth quarter of 2024, highlighting their leadership in this asset class and their ability to innovate within the market.
On the Map
$33
$33/SF
Office
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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
480696.97%
Cash-on-Cash
-137384.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93