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335 Bedford Ave, Brooklyn, ...

Form50 Fitness Leases Retail Space At 335 Bedford Avenue In New York City
LEASEDRetail

Form50 Fitness Leases Retail Space At 335 Bedford Avenue In New York City

335 Bedford Ave, Brooklyn, NY 11211

$90

$90/SF

Building Size

2,200 SF

Asset Type

Retail

Closing

Dec 22, 2022

AI

A retail space located at 335 Bedford Avenue in New York City has been leased. The property, measuring 2,200 square feet, was leased by Form50 Fitness. The landlord, Jamesy Nunziata, and the tenant's representatives, Carolina Aziz and George Skaliarinis from KSR, facilitated the transaction. The landlord's representatives, Yossi Capland and Miranda Feamster from Compass, also played a role in the deal.

Summary of transaction details

The successful completion of this lease highlights the collaboration between Form50 Fitness and the landlord, Jamesy Nunziata. The tenant's representatives, Carolina Aziz and George Skaliarinis from KSR, worked diligently to secure this retail space for their client. On the other side of the transaction, the landlord was represented by Yossi Capland and Miranda Feamster from Compass. This lease agreement marks another significant milestone in the vibrant retail market of New York City.

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

176255.56%

Cash-on-Cash

-50374.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93