facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

129 Duffield Street, Brookl...

Savage X Fenty Leases Space From Hidrock Properties At 129 Duffield Street Brooklyn
LEASEDRetail

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

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.

Players

Brett Weinblatt

Compass

Broker

$11.8M

vol

15 deals

Broker
Hidrock Properties
Hidrock PropertiesLandlord

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