Looks Vintage Leases Retail Space In Brooklyn For $120/ft
368 Bedford Avenue
$120
$120/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Apr 19, 2023
AI
The retail property located at 368 Bedford Avenue in Brooklyn has been leased to Looks Vintage. The lease term is for 10 years, with an asking rent of $120 per square foot for a total space of 1,000 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: N/A
- Address: 368 Bedford Avenue, Brooklyn
- Market: Brooklyn
Looks Vintage will be represented by Kierstin Kolle from Streetwise NYC, while the landlord will be represented by Sophia Kral from Tri State Commercial Realty.
Players
Market 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
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93