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
- Property Type: Retail
- Transaction Amount: Leased
- Address: 335 Bedford Avenue, New York City
- Tenant: Form50 Fitness
- Tenant's Representatives: Carolina Aziz and George Skaliarinis - KSR
- Landlord: Jamesy Nunziata
- Landlord's Representatives: Yossi Capland and Miranda Feamster - Compass
- Asking Rent: $90/ft
- Square Footage: 2,200
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
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