facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

1308 Myrtle Ave Brooklyn, N...

Static Booking And Social Club Leases Retail Space At 1308-1310 Myrtle Avenue In New York City
LEASEDRetail

Static Booking And Social Club Leases Retail Space At 1308-1310 Myrtle Avenue In New York City

1308 Myrtle Ave Brooklyn, NY 11221, USA

$45

$45/SF

Building Size

1,556 SF

Asset Type

Retail

Closing

May 17, 2023

AI

The retail property located at 1308-1310 Myrtle Avenue in New York City has recently been leased. The property is owned by Urban View Real Estate and the tenant is Static Booking And Social Club. The deal was facilitated by brokers John Le Vine, David Quigua, Joseph DiPiazza, and Joanna Soto from EXR. The lease transaction was completed on May 17, 2023.

Summary of transaction details

  • Property Type: Retail
  • Asking Rent: $45 per square foot
  • Square Footage: 1,556

The lease agreement between Urban View Real Estate and Static Booking And Social Club was successfully negotiated by brokers John Le Vine, David Quigua, Joseph DiPiazza, and Joanna Soto from EXR. The property, located at 1308-1310 Myrtle Avenue in New York City, offers a commercial space suitable for retail purposes. The asking rent for the property is $45 per square foot, with a total area of 1,556 square feet.

Players

Joseph DiPiazza

EXR

Broker

$50.6M

vol

36 deals

Broker
UE
Urban View Real EstateLandlord

New York 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

352511.11%

Cash-on-Cash

-100748.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93