facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Lease

/

191 Bedford Ave, Brooklyn, ...

Verizon Wireless Leases Retail Space In Williamsburg, Brooklyn
LEASEDRetail

Verizon Wireless Leases Retail Space In Williamsburg, Brooklyn

191 Bedford Ave, Brooklyn, NY 11211, USA

$250

$250/SF

Building Size

1,400 SF

Asset Type

Retail

Closing

Nov 15, 2022

AI

The retail space located at 191 Bedford Avenue in Williamsburg has been leased. The property, spanning 1,400 square feet, was leased to Verizon Wireless. The landlord of the property is Steven Kachanian. The lease transaction was facilitated by Carolina Aziz, Ike Bibi, and David Green from KSR, representing the landlord, and Eddie Mamiye from Stately Ventures, representing Verizon Wireless. The asking rent for the space was $250 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 191 Bedford Avenue, Williamsburg
  • Market: Williamsburg
  • Square Footage: 1,400
  • Landlord: Steven Kachanian
  • Tenant: Verizon Wireless
  • Landlord's Rep: Carolina Aziz, Ike Bibi & David Green - KSR
  • Tenant's Rep: Eddie Mamiye - Stately Ventures
  • Asking Rent: $250/ft.

Carolina Aziz, Ike Bibi, and David Green from KSR played a crucial role in representing the landlord, Steven Kachanian, in the lease transaction. On the other hand, Eddie Mamiye from Stately Ventures represented Verizon Wireless in securing the lease for the retail space at 191 Bedford Avenue.

Players

Steven Kachanian

Klosed Properties

Landlord

$91.9M

vol

37 deals

Landlord

New York 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

63452.00%

Cash-on-Cash

-18134.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93