Tenant Leases Retail Space At 17 Kent Ave Brooklyn For $96/SF Through Emre Bozkurt And Vince Sweeney
17 Kent Ave
$96
$96/SF
Building Size
1,875 SF
Asset Type
Retail
Closing
Nov 15, 2021
About this deal
AI
The property asset involved in the transaction is a retail space located at 17 Kent Ave, Brooklyn. It encompasses a total area of 1,875 square feet, with a rental rate of $96 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 17 Kent Ave
- Market: Brooklyn
- Square Feet: 1,875
- Rent/SF: $96
Representatives in this lease transaction include Emre Bozkurt from Platinum Properties and Vince Sweeney from Meridian Capital Group, who played key roles in facilitating the deal.
On the Map
$96
$96/SF
Retail
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Players
Brooklyn 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
165239.58%
Cash-on-Cash
-47225.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93