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
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.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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