Dollar Slice Leases Retail Space At 1751 Fulton Street From Bushburg Properties In Brooklyn
1751 Fulton Street
$100
$100/SF
Building Size
750 SF
Asset Type
Retail
Closing
Oct 14, 2024
AI
The leased property is a retail space located at 1751 Fulton Street in Brooklyn. The asset has a total square footage of 750 and the asking rent is $100 per foot.
Summary of transaction details:
- Property Type: Retail Lease
- Transaction Amount: $75,000
- Landlord: Bushburg Properties
- Tenant: Dollar Slice
- Brokers: Josh Augenbaum & Murray Mizrachi - Augenbaum Realty
- Lease Type: Retail Lease
The transaction was represented by Josh Augenbaum and Murray Mizrachi, who acted on behalf of Bushburg Properties and facilitated the agreement with Dollar Slice. Their expertise in the market contributed to the successful lease of the property.
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93