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1134 Flatbush Ave

Hands Of Hope Signs Lease For Retail Space At 1134 Flatbush Ave Brooklyn Of 1,656 Sq Ft
LEASEDRetail

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

Thomas Caliendo

Tide Realty Group

Broker

$7.6M

vol

45 deals

Broker
HH
Hands of HopeTenant

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