AB Capstone Leases 20000 Square Feet At 1633 East 16th Street Brooklyn With Tenant's Rep Ezra Saff
1633 East 16th Street, Brooklyn, NY...
Building Size
20,000 SF
Asset Type
Retail
Closing
Jul 19, 2017
About this deal
AI
The property involved in the transaction is a lease located at 1633 East 16th Street, Brooklyn, NY. The lease encompasses a total space of 20,000 square feet and is situated within the Brooklyn market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1633 East 16th Street, Brooklyn, NY
- Market: Brooklyn
- Square Feet: 20,000
- Landlord: AB Capstone
- Tenant's Representative: Ezra Saff
Key individuals in this transaction include the landlord AB Capstone, who is the property owner, and Ezra Saff, serving as the tenant's representative in the lease agreement.
On the Map
Retail
View full map
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse New York retail leases on Traded.
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