Getir Leases Retail Space At 17 Kent Avenue In Brooklyn, Represented By Steven Evans - Platinum Properties
17 Kent Avenue, Brooklyn, New York 11249, United States
Building Size
1,875 SF
Asset Type
Retail
Closing
Jan 23, 2022
AI
The retail property located at 17 Kent Avenue in Brooklyn has recently been leased. The tenant for this space is Getir. The lease was facilitated by Steven Evans of Platinum Properties, who represented Getir. On the landlord's side, Vince Sweeney and Ryan Fridolfs of Meridian Retail Leasing acted as the representatives. The lease transaction took place on November 15, 2021. The property spans approximately 1,875 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 17 Kent Avenue
- Tenant: Getir
- Tenant's Representative: Steven Evans - Platinum Properties
- Landlord's Representatives: Vince Sweeney & Ryan Fridolfs - Meridian Retail Leasing
- Asking Rent: $96/ft.
- Square Footage: 1,875
Steven Evans of Platinum Properties played a crucial role in representing the tenant, Getir, and securing the lease for the retail space at 17 Kent Avenue. On the other side of the deal, Vince Sweeney and Ryan Fridolfs of Meridian Retail Leasing represented the landlord. The lease agreement was finalized on November 15, 2021.
Players
New York 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93