Cheese Plate Brooklyn Signs Lease For Retail Space At 323 Court Street In New York City
323 Court St Brooklyn, NY 11231, USA
$140
$140/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jul 10, 2023
AI
The retail property located at 323 Court Street in New York City has been leased. The property, measuring 1,000 square feet, was leased by Cheese Plate Brooklyn. The landlord, Court Street Partners represented by Joseph Safdie, finalized the lease transaction with the assistance of Joey Kafif from Safdie Realty Group. The asking rent for the property was $140 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Address: 323 Court Street
- Market: New York City
- Tenant: Cheese Plate Brooklyn
- Landlord: Court Street Partners - Joseph Safdie
- Broker: Joey Kafif - Safdie Realty Group
- Asking Rent: $140 per square foot
Safdie Realty Group (SRG), known for their representation of landlords and tenants in Brooklyn, Bronx, Manhattan, and Queens, assisted in the lease transaction of this retail property. For any inquiries related to finding a new space or leasing out vacant spaces, please contact Joey Kafif at [email protected].
Players
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
113307.14%
Cash-on-Cash
-32383.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93