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:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 67 34th St, Brooklyn, NY, 11232
- Market: Brooklyn
- Square Feet: 44,000
- Tenant's Representative: Chris Salizzoni, Capital Real Estate Advisors
- Landlord's Representative: Jeff Fein, Industry City
- Landlord: Angelo, Gordon & Co.
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
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