The Munchies Signs 10-Year Lease For Retail Space In Bed-Stuy
1741 Fulton St, Brooklyn, Ny 11233, United States
$100
$100/SF
Building Size
750 SF
Asset Type
Retail
Closing
May 19, 2023
About this deal
AI
A retail space located at 1741 Fulton Street in Bed-Stuy has been leased by The Munchies. The property, owned by Bushburg Properties, was represented by Josh Augenbaum and Murray Mizrachi from Augenbaum Realty. The lease term for the 750 square foot space is set for 10 years.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 1741 Fulton Street
- Market: Bed-Stuy
The Munchies, a tenant, has leased the retail space at 1741 Fulton Street in Bed-Stuy. The deal was facilitated by Josh Augenbaum and Murray Mizrachi from Augenbaum Realty, who represented the property owner, Bushburg Properties.
Players
New York 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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93