Mother New York Leases 61000 Square Feet From Industrie Capital Partners In Brooklyn
94 9th St, New York, NY, 11215
Building Size
61,000 SF
Asset Type
Office
Closing
Aug 5, 2020
About this deal
AI
The property involved in this transaction is located at 94 9th St, New York, NY, 11215, within the Brooklyn market. The leased space encompasses 61,000 square feet, providing significant area for the tenant's use.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 61,000
- Tenant: Mother New York
- Landlord: Industrie Capital Partners
- Tenant's Representative: Harrison Katzman-Savitt Partners
- Landlord's Representative: Josh Sloan
Key individuals involved in this transaction include the tenant, Mother New York, and the landlord, Industrie Capital Partners. The representatives managing the interests of both parties are Harrison Katzman-Savitt Partners for the tenant and Josh Sloan representing the landlord.
On the Map
Office
View full map
Players
Brooklyn Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse Brooklyn office leases on Traded.
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