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22 Chapel Street

22 Chapel Street In Brooklyn Leased To 22 MP Parking By Max Aginskiy - Office NYC And Yoni Hadar - Meridian Retail Leasing
LEASEDRetail

22 Chapel Street In Brooklyn Leased To 22 MP Parking By Max Aginskiy - Office NYC And Yoni Hadar - Meridian Retail Leasing

22 Chapel Street

Building Size

26,700 SF

Asset Type

Retail

Closing

Nov 30, 2021

AI

A retail property located at 22 Chapel Street in Brooklyn has recently been leased. The property, with a total square footage of 26,700, was represented by Yoni Hadar from Meridian Retail Leasing. The tenant, 22 MP Parking, was represented by Max Aginskiy from Office NYC. The asking rent for the property was $20 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 22 Chapel Street, Brooklyn
  • Tenant: 22 MP Parking
  • Tenant's Representative: Max Aginskiy - Office NYC
  • Landlord's Representative: Yoni Hadar - Meridian Retail Leasing
  • Asking Rent: $20 per square foot
  • Square Footage: 26,700

The deal was successfully brokered by Yoni Hadar from Meridian Retail Leasing and Max Aginskiy from Office NYC. This agreement demonstrates their expertise in negotiating lease transactions in the Brooklyn market.

Players

Yoni Hadar

Delshah Capital

Broker

29 deals

Broker
Arbor Realty Trust
Arbor Realty TrustLender

New York 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