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1751 Fulton Street

Dollar Slice Leases Retail Space At 1751 Fulton Street From Bushburg Properties In Brooklyn
LEASEDRetail

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:

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

Josh Augenbaum

Augenbaum Realty

Broker

$652.8M

vol

140 deals

Broker

Brooklyn 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