Hands Of Hope Signs Lease For Retail Space At 1134 Flatbush Ave Brooklyn Of 1,656 Sq Ft
1134 Flatbush Ave
Building Size
1,656 SF
Asset Type
Retail
Closing
Jan 1, 2023
AI
The property asset involved in the transaction is a retail space located at 1134 Flatbush Ave in the Brooklyn market. The size of the space is approximately 1,656 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1134 Flatbush Ave
- Market: Brooklyn
- Square Feet: 1656.0
- Tenant: Hands of Hope
- Broker: Thomas Caliendo - Tide Realty Group
This transaction was facilitated by broker Thomas Caliendo, representing Tide Realty Group in the deal, securing Hands of Hope as the tenant for the retail space. No additional key individuals have been mentioned in relation to the transaction.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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