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67 34th St, Brooklyn, NY, 1...

Angelo, Gordon & Co. Leases 44000 Square Feet At 67 34th St Brooklyn With Tenant's Rep Chris Salizzoni
LEASEDOffice

Angelo, Gordon & Co. Leases 44000 Square Feet At 67 34th St Brooklyn With Tenant's Rep Chris Salizzoni

67 34th St, Brooklyn, NY, 11232

Building Size

44,000 SF

Asset Type

Office

Closing

Mar 22, 2022

AI

The property involved in this transaction is located at 67 34th St, Brooklyn, NY, 11232. It encompasses a total area of 44,000 square feet and is situated in the Brooklyn market. The landlord in this transaction is Angelo, Gordon & Co.

Summary of transaction details:

Chris Salizzoni represented the tenant in this lease transaction while Jeff Fein acted as the representative for the landlord. This collaboration highlights the professional engagement between the representatives in facilitating the deal.

Players

Chris Salizzoni

Capital Real Estate Advisors

Broker

2 deals

Broker
Angelo Gordon & Co.
Angelo Gordon & Co.Landlord

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