facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

185 Marcy Ave, Brooklyn, NY...

Acuity Capital Partners Leases Retail Space To The Learning Experience In Brooklyn
LEASEDRetail

Acuity Capital Partners Leases Retail Space To The Learning Experience In Brooklyn

185 Marcy Ave, Brooklyn, NY, 11211

Building Size

10,000 SF

Asset Type

Retail

Closing

Oct 10, 2018

AI

The retail property located at 185 Marcy Ave, Brooklyn, NY, 11211, in the Brooklyn market, was leased on 10/10/2018 by The Learning Experience, with a square footage of 10,000 square feet. The landlord of the property is Acuity Capital Partners.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not Applicable
  • Tenant: The Learning Experience
  • Tenant's Rep: Nick Vanella
  • Landlord: Acuity Capital Partners
  • Square Feet: 10,000

The deal involved The Learning Experience as the tenant, represented by Nick Vanella, and the landlord, Acuity Capital Partners. The transaction for the 10,000 square feet retail space at 185 Marcy Ave was successfully completed on 10/10/2018.

Players

Nick Vanella

Broker

$11.8M

vol

6 deals

Broker
AP
Acuity Capital PartnersLandlord

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93