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312 Leonard St Brooklyn, NY...

Kevin Nassimi Leases Retail Space To Saint Jane At 312 Leonard Street In Brooklyn
LEASEDRetail

Kevin Nassimi Leases Retail Space To Saint Jane At 312 Leonard Street In Brooklyn

312 Leonard St Brooklyn, NY 11211, USA

$100

$100/SF

Building Size

2,000 SF

Asset Type

Retail

Closing

Jun 1, 2023

AI

A retail space located at 312 Leonard Street in Brooklyn has been leased. The property spans 2,000 square feet and the lease was signed on 06/01/2023.

Summary of transaction details

  • Property Type: Retail
  • Market: Brooklyn
  • Address: 312 Leonard Street

The landlord of the property is Kevin Nassimi, and the tenant is Saint Jane. The lease was facilitated by brokers Carolina Aziz and Akram Mozeb from KSR.

The asking rent for the property is $100 per square foot.

Players

Carolina Aziz

Kassin Sabbagh Realty

Broker

$24.8M

vol

96 deals

Broker

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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93