Breakfast By Salts Cure Signs Lease For Retail Space In Carroll Gardens
368 Court Street, Brooklyn, New York 11231, United States
Building Size
1,100 SF
Asset Type
Retail
Closing
Jan 25, 2022
About this deal
AI
Breakfast by Salts Cure has leased a retail space located at 368 Court Street in Carroll Gardens. The property spans approximately 1,100 square feet. The lease was finalized on January 26, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Date: January 26, 2022
- Address: 368 Court Street
- Market: Carroll Gardens
The landlord, Davean Holdings, facilitated the lease agreement with Breakfast by Salts Cure. The lease was brokered by David Green, David Sabbagh, Marc Sitt, and Dorel Melloul from KSR. The asking rent for the space was set at $150 per square foot.
Players
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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