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1443 Myrtle Avenue, Brookly...

Updated Oct 28, 2024

Chevicheros Leases Retail Space At 1443 Myrtle Ave. In Bushwick, Brooklyn
LEASEDRetail

Chevicheros Leases Retail Space At 1443 Myrtle Ave. In Bushwick, Brooklyn

1443 Myrtle Avenue, Brooklyn, New York 11237, United States

Building Size

1,800 SF

Asset Type

Retail

Closing

Apr 7, 2022

About this deal

AI

Located at 1443 Myrtle Ave. in Bushwick, Brooklyn, this retail property was recently leased. The lease transaction took place on 04/08/2022.

Summary of transaction details:

  • Property Type: Retail
  • Address: 1443 Myrtle Ave., Bushwick, Brooklyn
  • Market: Bushwick, Brooklyn
  • Asking Rent: $70/ft.
  • Square Footage: 1,800 sq. ft.

The landlord in this transaction was Raymond Cohen. The tenant who leased the space is Chevicheros. The deal was facilitated by Jake Brodie and Ari Weber from Brookliv.

Traded’s record for 1443 Myrtle Avenue, Brooklyn, New York 11237, United States in New York, New York covers a retail lease from 2022. Published size for 1443 Myrtle Avenue, Brooklyn, New York 11237, United States is 1,800 square feet. Named participants on the 1443 Myrtle Avenue, Brooklyn, New York 11237, United States lease are Jake Brodie, Ari Weber, Raymond Cohen. This page is the New York, New York file for the 1443 Myrtle Avenue, Brooklyn, New York 11237, United States retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 1443 Myrtle Avenue, Brooklyn, New York 11237, United States around 2022. Cite this Chevicheros Leases Retail Space At 1443 Myrtle Ave. In Bushwick, Brooklyn lease when underwriting similar retail product around New York, New York.

Players

Jake Brodie

Broker

$1.6M

vol

5 deals

Broker

Raymond Cohen

Landlord

2 deals

Landlord

New York 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

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