facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Lease

/

50 Gold Street

Boisson Leases Retail Space At 50 Gold St. In Dumbo For $28/ft. With Brokers Matthew Fogel & Albert Halawani - KSR
LEASEDRetail

Boisson Leases Retail Space At 50 Gold St. In Dumbo For $28/ft. With Brokers Matthew Fogel & Albert Halawani - KSR

50 Gold Street

$28

$28/SF

Building Size

23,000 SF

Asset Type

Retail

Closing

Jul 25, 2022

AI

Boisson has signed a lease for a retail space located at 50 Gold St. in Dumbo. The property, spanning 23,000 square feet, was leased from landlord Paul Constellation. The deal was facilitated by brokers Matthew Fogel and Albert Halawani of KSR. The asking rent for the space was $28 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Lease
  • Address: 50 Gold St.
  • Market: Dumbo
  • Landlord: Paul Constellation
  • Tenant: Boisson
  • Brokers: Matthew Fogel - KSR & Albert Halawani - KSR
  • Asking Rent: $28/ft.
  • Square Footage: 23,000

The deal was successfully negotiated by Matthew Fogel and Albert Halawani of KSR, who represented Boisson in the lease transaction.

Players

Albert Halawani

Kassin Sabbagh Realty

Broker

$445M

vol

49 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

566535.71%

Cash-on-Cash

-161917.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93