Noah's Arc Preparatory Inc Leases 2200 SF From 1903 Fulton Holdings LLC In Brooklyn At $40/SF
1903 Fulton St, Brooklyn, NY, 11233
$40
$40/SF
Building Size
2,200 SF
Asset Type
Retail
Closing
Nov 19, 2023
About this deal
AI
The property involved in the transaction is located at 1903 Fulton St, Brooklyn, NY 11233. It comprises 2,200 square feet, with a rent of $40 per square foot. The market for this lease is Brooklyn.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1903 Fulton St, Brooklyn, NY, 11233
- Market: Brooklyn
- Landlord: 1903 Fulton Holdings LLC
- Tenant: Noah's Arc Preparatory Inc
- Landlord's Representative: Eddie Keda - Tri State Commercial Realty
- Rent/SF: $40
- Square Feet: 2,200
Key individuals involved in the deal include the tenant, Noah's Arc Preparatory Inc, and the landlord's representative, Eddie Keda from Tri State Commercial Realty, who facilitated the transaction on behalf of the landlord, 1903 Fulton Holdings LLC.
On the Map
$40
$40/SF
Retail
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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
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93