MySpace NYC Leases 96 Bogart St Office In Brooklyn, NY For $55/SF
96 Bogart St, Brooklyn, NY, 11206
$55
$55/SF
Building Size
7,500 SF
Asset Type
Office
Closing
Mar 29, 2017
AI
The office property located at 96 Bogart St, Brooklyn, NY, 11206, in the Brooklyn market, was leased on 03/29/2017. The property spans 7,500 square feet, with a rental rate of $55 per square foot. The tenant, MySpace NYC, was represented by Shawn Mullahy from MySpace NYC, while the landlord, David Moore, was represented by Lane Sanders from M Properties Group and Max Lu from M2 CRE.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Tenant: MySpace NYC
- Landlord: David Moore
Shawn Mullahy from MySpace NYC was the tenant's representative in the lease transaction, while Lane Sanders from M Properties Group and Max Lu from M2 CRE represented the landlord, David Moore.
Players
Brooklyn 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
288418.18%
Cash-on-Cash
-82430.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93