Shuya Miyawaki Leases Retail Space At 517 3rd Avenue In Gowanus, Brooklyn
517 3rd St. Brooklyn, NY 11215, USA
$180
$180/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
Jun 15, 2023
About this deal
AI
The retail property located at 517 3rd Avenue in Gowanus, Brooklyn has recently been leased. The property, spanning approximately 1,000 square feet, was leased by Shuya Miyawaki from Solil Management. Avenue Realty Advisors, represented by Aaron Aziz, acted as the broker in this transaction. The asking rent for the property was $180 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 517 3rd Avenue, Gowanus, Brooklyn
- Market: Gowanus, Brooklyn
- Landlord: Solil Management
- Tenant: Shuya Miyawaki
- Broker: Aaron Aziz - Avenue Realty Advisors
- Asking Rent: $180/ft
- SF: 1,000
Shuya Miyawaki, a tenant, has leased the retail property located at 517 3rd Avenue in Gowanus, Brooklyn. The property, measuring approximately 1,000 square feet, is owned by Solil Management. Aaron Aziz from Avenue Realty Advisors represented the tenant in this transaction.
Players
Market 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
88127.78%
Cash-on-Cash
-25187.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93