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300 Huntington Street

Updated Dec 4, 2024

Breuckelen Athletic Signs Lease For 9000 Square Feet At 300 Huntington Street In Gowanus Brooklyn
LEASEDRetail

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

About this deal

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.

On the Map

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Players

George Danut

JLL

Broker

4 deals

Broker
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Brooklyn Retail Market Snapshot

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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

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