Savage X Fenty Leases Space From Hidrock Properties At 129 Duffield Street Brooklyn
129 Duffield Street, Brooklyn, NY, 112...
Building Size
—
Asset Type
Retail
Closing
Feb 25, 2022
About this deal
AI
The property involved in this transaction is located at 129 Duffield Street, Brooklyn, NY. It is situated in the Brooklyn market and is leased by Savage X Fenty. The property does not have a specified square footage in the available details.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 129 Duffield Street, Brooklyn, NY
- Market: Brooklyn
- Landlord: Hidrock Properties
- Landlord's Representative: Brett Weinblatt, Compass
- Tenant: Savage X Fenty
- Square Feet: 0
The transaction features key individuals including Brett Weinblatt, who represents the landlord, Hidrock Properties, in the deal. The tenant, Savage X Fenty, is involved in this leasing agreement as well.
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