L.K. Comstock Signs 13,566 Square Foot Lease At 55 Prospect Street In Dumbo Heights
55 Prospect Street
Building Size
13,566 SF
Asset Type
Office
Closing
Sep 8, 2026
About this deal
AI
The asset involved in this transaction is an office space located at 55 Prospect Street, situated in the Brooklyn market. The total square footage of the property is 13,566 square feet, with the tenant occupying the third and eighth floors for their operations.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 55 Prospect Street
- Market: Brooklyn
- Landlord: Aby Rosen & Michael Fuchs - RFR
- Tenant: L.K. Comstock
- Landlord's Representative: Ben Waller, Daria Ghasemi & Zoe Snow - ABS Partners Real Estate
- Tenant's Representative: Joseph Gervino & Alexis Odgers - Avison Young
L.K. Comstock signed the lease to establish a field office related to a nearby infrastructure project. This lease reflects the strategic positioning of the tenant to be in close proximity to ongoing developments in the area.
On the Map
Office
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Players
Brooklyn Office Market Snapshot
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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