Blink Fitness Leases 15100 Square Feet At 1134 Fulton St Brooklyn With Tenant's Rep Ezra Saff
1134 Fulton St, Brooklyn, NY, 11216
Building Size
15,100 SF
Asset Type
Retail
Closing
Apr 15, 2019
About this deal
AI
The property involved in this transaction is located at 1134 Fulton St, Brooklyn, NY, 11216, with a square footage of 15,100. It is situated within the Brooklyn market and was leased to Blink Fitness. The landlord for the property is Joseph Brunner.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1134 Fulton St, Brooklyn, NY, 11216
- Market: Brooklyn
- Tenant: Blink Fitness
- Landlord: Joseph Brunner
- Tenant's Representative: Ezra Saff
This lease transaction was facilitated by tenant's representative Ezra Saff, who played a critical role in the agreement between Blink Fitness and landlord Joseph Brunner, ensuring the tenant's interests were effectively represented throughout the negotiation process.
On the Map
Retail
View full map
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse New York retail leases on Traded.
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