Golf V2 Acquires Retail Space In Brooklyn Heights For Golf Simulator Use
130 Clinton Street
$120
$120/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Jan 4, 2022
AI
The retail property located at 130 Clinton in Brooklyn Heights has recently been leased. The asset comprises approximately 1,500 square feet and is situated in a prime location in the Brooklyn Heights market.
Summary of transaction details:
- Property Type: Retail
- Lease Date: 04/01/2022
- Address: 130 Clinton
- Market: Brooklyn Heights
The tenant for this retail space is Golf V2 – Golf Simulator. The lease was facilitated by Ben Biberaj and Harry Singer of Meridian Retail Leasing. The asking rent for the property was $120 per square foot.
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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93