Teriyaki One Leases 2,550 SF Retail Space On Flatbush Avenue In New York City
1584 Flatbush AveBrooklyn, NY 11210, USA
$100
$100/SF
Building Size
2,550 SF
Asset Type
Retail
Closing
Jun 6, 2023
AI
Eddie Mizrachi and Soly A. Bawabeh have leased out the retail property located at 1584 Flatbush Avenue in New York City. The asset is a retail space with a size of 2,550 square feet. The lease term is set for 10 years, and the asking rent for the property is $100 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not Applicable
- Address: 1584 Flatbush Avenue
- Market: New York City
Josh Augenbaum from Augenbaum Realty represented the landlord, Eddie Mizrachi and Soly A. Bawabeh, in this lease transaction. The tenant, Teriyaki One, was represented by Peter Yoon from Ripco.
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93