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241 Graham Avenue, Brooklyn...

Associated Supermarkets Signs Lease For Retail Space In Williamsburg, Brooklyn
LEASEDRetail

Associated Supermarkets Signs Lease For Retail Space In Williamsburg, Brooklyn

241 Graham Avenue, Brooklyn, New York 11206, United States

$40

$40/SF

Building Size

10,700 SF

Asset Type

Retail

Closing

Nov 1, 2021

AI

The leased property at 241 Graham Avenue in Williamsburg, Brooklyn, has been successfully transacted. The asset involved in the deal is a retail space, covering an area of 10,700 square feet. The transaction took place on November 1, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: November 1, 2022
  • Address: 241 Graham Avenue, Williamsburg, Brooklyn
  • Market: Williamsburg, Brooklyn
  • Asking Rent: $40/ft.
  • Square Footage: 10,700

The landlord of the property is MDG Design + Construction, while the tenant is Associated Supermarkets. The deal was facilitated by brokers Greg Parassio and Brian Doyle from Booth Street.

Players

Brian Doyle

Booth Street

Broker

9 deals

Broker
AS
Associated SupermarketsTenant

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