Heart Of Chelsea Veterinary Group Leases 3000 Square Feet At 16 Dupont Street In Greenpoint
16 Dupont Street
Building Size
3,000 SF
Asset Type
Retail
Closing
May 27, 2025
About this deal
AI
The property involved in this transaction is a retail asset located at 16 Dupont Street in Greenpoint, comprising 3,000 sq. ft. This location has become the sole retail tenant within the building, contributing to the diversity of tenants in the area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 16 Dupont Street
- Market: Greenpoint
- Square Footage: 3,000
- Landlord: Daniel J. Moore - Rockefeller Group & Park Tower Group
- Tenant: Heart of Chelsea Veterinary Group
- Landlord's Representative: Ryan Schimel - Capricorn Retail Advisors
- Tenant's Representative: Evan Gasman
This lease marks an important milestone for Heart of Chelsea Veterinary Group as it expands its footprint in New York City, securing a prime retail space in a growing neighborhood.
On the Map
Retail
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Players
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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