facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

171 Calyer Street

Lucky Daycare Leases Retail Space In Greenpoint, Brooklyn
LEASEDRetail

Lucky Daycare Leases Retail Space In Greenpoint, Brooklyn

171 Calyer Street

$65

$65/SF

Building Size

6,814 SF

Asset Type

Retail

Closing

Dec 29, 2023

AI

The retail property located at 171 Calyer Street in Greenpoint, Brooklyn, has been leased. The property spans 6,814 square feet, with an asking rent of $65 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: N/A
  • Address: 171 Calyer Street
  • Market: Greenpoint, Brooklyn
  • Landlord: Salomon Cojab
  • Tenant: Lucky Daycare
  • Brokers: Akram Mozeb, Marc Sitt, and Jack Hamadani - KSR
  • Asking Rent: $65 per square foot
  • Lease Type: Retail Lease

Akram Mozeb, Marc Sitt, and Jack Hamadani from KSR represented the parties in this lease deal.

Players

Marc Sitt

Kassin Sabbagh Realty

Broker

$272.9M

vol

64 deals

Broker
Salomon Cojab

Salomon Cojab

Visabe Corporation

Landlord

$28.2M

vol

5 deals

Landlord

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

244046.15%

Cash-on-Cash

-69749.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93