Breuckelen Athletic Signs Lease For 9000 Square Feet At 300 Huntington Street In Gowanus Brooklyn
300 Huntington Street
Building Size
9,000 SF
Asset Type
Retail
Closing
Oct 30, 2024
AI
The property asset involved in this transaction is a retail space located at 300 Huntington Street in Gowanus, Brooklyn. This property encompasses a total square footage of 9,000, which reflects both indoor and outdoor areas available for lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 300 Huntington Street
- Market: Gowanus, Brooklyn
- Landlord: Frank Dubinsky & Kirk Goodrich - Monadnock Development
- Tenant: Breuckelen Athletic
- Brokers: George Danut & Ryan Condren - JLL
The individuals involved in this transaction include Frank Dubinsky and Kirk Goodrich representing Monadnock Development as the landlords, while Breuckelen Athletic is the leasing tenant. George Danut and Ryan Condren acted as the brokers facilitating this deal for JLL.
Players
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93