Chai Urgent Care Leases Retail Space In Bedford-Stuyvesant Through KSR
1135 Fulton Street, Brooklyn, New York 11238, United States
Building Size
3,000 SF
Asset Type
Retail
Closing
Jan 9, 2022
About this deal
AI
A 3,000 square foot retail space located at 1135 Fulton Street in Bedford-Stuyvesant has been leased. The deal was finalized on January 10, 2022.
Summary of transaction details:
- Property Type: Retail
- Market: Bedford-Stuyvesant
- Address: 1135 Fulton Street
The landlord for this lease is Joey Bawabeh. The tenant, Chai Urgent Care, will be represented by Eddy Salameh and Yoni Hadar. The leasing deal was facilitated by brokers Jack Khaski and Albert Manopla from KSR.
The asking rent for the retail space was $60 per square foot.
Players
New York 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