Bright Side Leases 1000SF Retail Space At 184 Kent Ave, Brooklyn
184 Kent Ave, Brooklyn, NY, 11249
Building Size
1,000 SF
Asset Type
Retail
Closing
Apr 3, 2019
About this deal
AI
The retail property located at 184 Kent Ave, Brooklyn, NY, 11249, in the Brooklyn market, with a total of 1,000 square feet, was recently leased. The landlord, LIVWRK, secured a deal with Bright Side as the new tenant on 04/03/2019.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not Applicable
- Landlord: LIVWRK
- Tenant: Bright Side
- Square Feet: 1000
Max Swerdloff represented the landlord, ensuring a successful leasing transaction for the retail space at 184 Kent Ave. The deal marks a new chapter for Bright Side as they establish their presence in this prime location.
On the Map
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93