LEASEDRetail
Hands Of Hope Leases 1,051 Square Feet Retail Space At 1021 Bedford Ave Brooklyn
1021 Bedford Ave
Building Size
1,051 SF
Asset Type
Retail
Closing
Jan 1, 2023
About this deal
AI
The property asset involved in the transaction is a retail space located at 1021 Bedford Ave in Brooklyn. The asset spans a total of 1,051 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1021 Bedford Ave
- Market: Brooklyn
- Square Feet: 1,051.0
- Tenant: Hands of Hope
- Broker: Thomas Caliendo - Tide Realty Group
Thomas Caliendo represented Tide Realty Group in the lease transaction. The tenant for this retail space is Hands of Hope, indicating a tenancy focused on community support or charitable endeavors.
On the Map
Retail
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Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · 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