Swift Green Capital Leases Office Space At 815 Kings Highway Brooklyn For $55/ft
815 Kings Highway
$55
$55/SF
Building Size
5,000 SF
Asset Type
Office
Closing
May 3, 2026
AI
The property asset involved in the lease transaction is an office space located at 815 Kings Highway in Brooklyn. The total square footage of the space is 5,000 square feet, and the asking rent is $55 per square foot. The lease term is set for 10 years under a single net lease arrangement.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $275,000
- Lease Term: 10 Years
- Lease Type: Single Net Lease
- Landlord: 815 Kings Hwy LLC
- Tenant: Swift Green Capital
- Brokers: Solomon Betesh, Jonathan Lib & Eddie Keda - Momentum Realty Group
The transaction involved key individuals from Momentum Realty Group who represented the parties in the deal. The brokers Solomon Betesh, Jonathan Lib, and Eddie Keda played integral roles in facilitating the lease agreement between the landlord and tenant.
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
288418.18%
Cash-on-Cash
-82430.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93