Court Street Market Signs Lease For Retail Space In Carroll Gardens
361 Court Street, Brooklyn, New York 11231, United States
Building Size
1,100 SF
Asset Type
Retail
Closing
Mar 24, 2022
About this deal
AI
The retail property located at 361 Court Street in Carroll Gardens has recently been leased. The lease transaction took place on March 25, 2022. With a size of approximately 1,100 square feet, the property is situated in a desirable market.
Summary of transaction details
- Property Type: Retail
- Lease Date: March 25, 2022
- Address: 361 Court Street
- Market: Carroll Gardens
The landlord for this property is Larry Hirschfield. The tenant who secured the lease is Court Street Market. The lease was facilitated by David Sabbagh and David Green of KSR.
The asking rent for the property was $120 per square foot, resulting in a lease value of approximately $132,000.
On the Map
Retail
View full map
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Browse New York retail leases on Traded.
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