facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Office

/

Lease

/

8810 Avenue J

Big Minds & Tiny Hands Leases 7,000 SF Community Facility In New York City At 8810 Avenue J With Brokers NY Space Finders
LEASEDOffice

Big Minds & Tiny Hands Leases 7,000 SF Community Facility In New York City At 8810 Avenue J With Brokers NY Space Finders

8810 Avenue J

$27

$27/SF

Building Size

7,000 SF

Asset Type

Office

Closing

Dec 21, 2022

AI

The community facility located at 8810 Avenue J in New York City has been leased. The property, with a size of 7,000 square feet, was leased by tenant Big Minds & Tiny Hands. The lease was facilitated by brokers Luca DiCiero, Faisal Gilani, and Damian Dakas from NY Space Finders. The landlord of the property is Rakesh Dua. The asking rent for the lease was $27 per square foot.

Summary of transaction details:

  • Property Type: Community Facility
  • Transaction Amount: Lease
  • Address: 8810 Avenue J, New York City
  • Tenant: Big Minds & Tiny Hands
  • Brokers: Luca DiCiero, Faisal Gilani, and Damian Dakas - NY Space Finders
  • Asking Rent: $27 per square foot
  • Size: 7,000 square feet

The lease deal was successfully negotiated by brokers Luca DiCiero, Faisal Gilani, and Damian Dakas of NY Space Finders. They represented the tenant, Big Minds & Tiny Hands, in securing the lease for the community facility property at 8810 Avenue J in New York City.

Players

Faisal Gilani

NY Space Finders

Broker

$27.4M

vol

46 deals

Broker

New York City Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

587518.52%

Cash-on-Cash

-167914.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93