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2567 Shell Rd, Brooklyn, NY...

New Century Royal Leases 2400 SF At 2567 Shell Rd Brooklyn Represented By Joseph Bouzaglou And Eddie Keda
LEASEDRetail

New Century Royal Leases 2400 SF At 2567 Shell Rd Brooklyn Represented By Joseph Bouzaglou And Eddie Keda

2567 Shell Rd, Brooklyn, NY, 11223

$20

$20/SF

Building Size

2,400 SF

Asset Type

Retail

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 2567 Shell Rd, Brooklyn, NY, 11223. The market for this lease is Brooklyn, with a rent of $20 per square foot for a total of 2400 square feet.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not Available
  • Address: 2567 Shell Rd, Brooklyn, NY, 11223
  • Market: Brooklyn
  • Tenant: New Century Royal
  • Landlord: VINCENT J DENE REALTY
  • Tenant's Representative: Joseph (Joey) Bouzaglou - Tri State Commercial Realty
  • Landlord's Representative: Eddie Keda - Tri State Commercial Realty

This lease transaction features key individuals including tenant's representative Joseph (Joey) Bouzaglou, and landlord's representative Eddie Keda, both affiliated with Tri State Commercial Realty. These representatives facilitated the agreement between New Century Royal as the tenant and VINCENT J DENE REALTY as the landlord.

Players

Eddie Keda

Momentum Realty Group

Broker

25 deals

Broker
R
RealtyLandlord

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

793150.00%

Cash-on-Cash

-226684.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93