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323 Court St Brooklyn, NY 1...

Cheese Plate Brooklyn Signs Lease For Retail Space At 323 Court Street In New York City
LEASEDRetail

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

Joseph Safdie

Safdie Realty Group

Broker

$25.1M

vol

16 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

113307.14%

Cash-on-Cash

-32383.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93