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133 North 7th Street

Apollo Bagels Signs Retail Lease At 133 North 7th Street In Williamsburg Brooklyn
LEASEDRetail

Apollo Bagels Signs Retail Lease At 133 North 7th Street In Williamsburg Brooklyn

133 North 7th Street

$95

$95/SF

Building Size

2,900 SF

Asset Type

Retail

Closing

Aug 12, 2024

AI

The retail asset located at 133 North 7th Street in Williamsburg, Brooklyn, is being leased to Apollo Bagels. The space encompasses 2,900 square feet, with an asking rent of $95 per square foot.

Summary of transaction details:

The transaction saw representation from multiple brokers at KSR, including David Green, Daniel Kestenbaum, Sophia Gaines, and Zachary Nathan, facilitating the lease agreement between the landlord and tenant.

Players

Daniel Kestenbaum

Kassin Sabbagh Realty

Broker

23 deals

Broker

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

166978.95%

Cash-on-Cash

-47723.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93