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376 Bedford Ave Brooklyn, N...

Go Doggy Leases Retail Space In New York City At 376 Bedford Avenue
LEASEDRetail

Go Doggy Leases Retail Space In New York City At 376 Bedford Avenue

376 Bedford Ave Brooklyn, NY 11249, USA

$75

$75/SF

Building Size

3,200 SF

Asset Type

Retail

Closing

Apr 26, 2023

AI

The retail property located at 376 Bedford Avenue in New York City has been leased to Go Doggy. The transaction was facilitated by John Le Vine & David Korn from EXR, representing the landlord, and Michael Elkharrat from Kassin Sabbagh Realty, representing the tenant.

Summary of transaction details

  • Property Type: Retail
  • Asking Rent: $75/ft
  • Square Footage: 3,200

The lease agreement for the retail space at 376 Bedford Avenue marks an important milestone for Go Doggy. The property, located in New York City, offers a prime location for their business. Through the efforts of John Le Vine & David Korn from EXR, who represented the landlord, and Michael Elkharrat from Kassin Sabbagh Realty, who represented the tenant, this deal was successfully closed.

Players

John LeVine

EXR

Broker

$50.6M

vol

42 deals

Broker

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

211506.67%

Cash-on-Cash

-60449.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93