J3K Real Estate Leases Retail Space To Eckstrom NYC & Frog Wine Shop At 385-391 Henry Street In Cobble Hill, Brooklyn
385 Henry St Brooklyn, NY 11201, USA
$100
$100/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Jul 1, 2023
About this deal
AI
The property involved in this transaction is a retail asset located at 385-391 Henry Street in Cobble Hill, Brooklyn. The property spans approximately 1,500 square feet. The lease deal was completed on 07/01/2023.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $100 per square foot
- Tenant: Eckstrom NYC & Frog Wine Shop
- Brokers: Jon Kamali, Jeremy Kamali, & Justin Kamali of J3K Real Estate
Eckstrom NYC & Frog Wine Shop are the tenants involved in this lease transaction. The deal was facilitated by Jon Kamali, Jeremy Kamali, and Justin Kamali of J3K Real Estate, acting as the brokers. The asking rent for the 1,500 square foot space was $100 per square foot.
On the Map
$100
$100/SF
Retail
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Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93