Just You Wait LLC Leases Retail Space At 148 Bedford Ave. In Williamsburg, Brooklyn
148 Bedford Ave, Williamsburg, Brooklyn, NY, USA
Building Size
1,100 SF
Asset Type
Retail
Closing
Nov 1, 2021
AI
The retail property located at 148 Bedford Ave in Williamsburg, Brooklyn has recently been leased. The lease transaction took place on 11/01/2021. The property spans 1,100 square feet and falls into the retail asset category.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 11/01/2021
- Address: 148 Bedford Ave
- Market: Williamsburg, Brooklyn
The landlord of the property is Andrzej Jurczykowski, while the tenant is Just You Wait LLC. The tenant was represented by Albert Halawani and Matthew Fogel from KSR. On the other hand, the landlord was represented by Harrison Balisky from Olmsted Real Estate.
The asking rent for the property was $135 per square foot.
Players
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