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5109 4th Ave, Brooklyn, NY,...

Jack Walcowitz Leases 5109 4th Ave Brooklyn NY To Tenant Represented By Ezra Saff
LEASEDRetail

Jack Walcowitz Leases 5109 4th Ave Brooklyn NY To Tenant Represented By Ezra Saff

5109 4th Ave, Brooklyn, NY, 11220

Building Size

Asset Type

Retail

Closing

Apr 21, 2017

AI

The property at 5109 4th Ave, Brooklyn, NY, 11220, is located in the Brooklyn market. The transaction involves a lease arrangement. The property size is recorded as 0 square feet.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 5109 4th Ave, Brooklyn, NY, 11220
  • Market: Brooklyn
  • Tenant's Representative: Ezra Saff
  • Landlord: Jack Walcowitz
  • Square Feet: 0

This transaction involves Ezra Saff representing the tenant, while Jack Walcowitz serves as the landlord in this lease agreement.

Players

Ezra Saff

Retail Zone

Broker

$14.3M

vol

7 deals

Broker

Brooklyn 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93