Mighty Quinn's Barbecue Leases 2900 Square Feet At 360 Wythe Ave Brooklyn From Flank Architecture
360 Wythe Ave, Brooklyn, NY, 11249
Building Size
2,900 SF
Asset Type
Retail
Closing
Dec 17, 2021
About this deal
AI
The lease transaction involves a property located at 360 Wythe Ave, Brooklyn, NY, 11249, covering a total of 2900 square feet. The market for this transaction is Brooklyn, and the landlord is Flank Architecture + Development.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 2900
- Address: 360 Wythe Ave, Brooklyn, NY, 11249
- Market: Brooklyn
- Landlord's Representative: Hank O’Donnell
- Tenant: Mighty Quinn's Barbecue
The deal includes key individuals such as Hank O’Donnell, representing the landlord, Flank Architecture + Development, while Mighty Quinn's Barbecue is the tenant securing the lease for the specified property.
On the Map
Retail
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Players
Brooklyn 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93