Williamsburgh Liquor Store Inc Leases Retail Space At 181 Havemeyer Street From Nathan Obstfeld
181 Havemeyer Street
$80
$80/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Dec 17, 2024
About this deal
AI
The property asset involved in this transaction is a retail space located at 181 Havemeyer Street in Williamsburg, Brooklyn. The asking rent for the property is $80 per square foot, and the total square footage is 1,200. This location is categorized under the retail asset type.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $80/ft
- Square Footage: 1,200
- Address: 181 Havemeyer Street
- Market: Williamsburg, Brooklyn
- Landlord: Nathan Obstfeld
- Tenant: Williamsburgh Liquor Store Inc
- Lease Type: Modified Gross Lease
- Brokers: Meyer Dagmy & Eddie Mamiye - MOD
The key individuals involved in the deal include landlord Nathan Obstfeld and tenant Williamsburgh Liquor Store Inc, along with brokers Meyer Dagmy and Eddie Mamiye representing MOD in this transaction.
On the Map
$80
$80/SF
Retail
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Players
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
198287.50%
Cash-on-Cash
-56671.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93