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
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