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76 St Marks Ave, Brooklyn, ...

Momosan Ramen & Sake Signs Lease With RedSky Capital For 4173 Square Feet In Brooklyn
LEASEDOther

Momosan Ramen & Sake Signs Lease With RedSky Capital For 4173 Square Feet In Brooklyn

76 St Marks Ave, Brooklyn, NY, 11217

Building Size

4,173 SF

Asset Type

Other

Closing

Nov 20, 2023

AI

The property asset involved in this transaction is a leased space located at 76 St Marks Ave, Brooklyn, NY, 11217. This asset encompasses a total area of 4,173 square feet and is situated in the Brooklyn market sector.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 76 St Marks Ave, Brooklyn, NY, 11217
  • Market: Brooklyn
  • Tenant: Momosan Ramen & Sake
  • Landlord: RedSky Capital
  • Tenant's Representative: Jason Richter

This transaction highlights the involvement of key individuals and companies. Jason Richter acted as the tenant's representative in facilitating this deal for Momosan Ramen & Sake, while the property is owned by RedSky Capital.

Players

Jason Richter

Broker

$4.5M

vol

3 deals

Broker
RedSky Capital
RedSky CapitalLandlord

Brooklyn Other Market Snapshot

Boundary boundary · Other · Lease transactions

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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