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548 Court Street

Ruvane Vilinsky & Mitchell Vilinsky Lease Retail Space At 548 Court Street To The Emerald Group
LEASEDRetail

Ruvane Vilinsky & Mitchell Vilinsky Lease Retail Space At 548 Court Street To The Emerald Group

548 Court Street

$128

$128/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

Mar 11, 2025

AI

The retail asset located at 548 Court Street in the Carroll Gardens market encompasses a space of 1,500 square feet. The asking rent for this property is established at $128 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $128/ft
  • Address: 548 Court Street
  • Market: Carroll Gardens
  • Landlord: Ruvane Vilinsky & Mitchell Vilinsky
  • Tenant: The Emerald Group
  • Brokers: Josh Vilinsky, Solomon Tbeile & Malik Wells - KSR
  • Lease Type: Retail Lease
  • Square Footage: 1,500

Key individuals involved in this transaction include the landlords Ruvane Vilinsky and Mitchell Vilinsky, as well as the representatives from KSR, Josh Vilinsky, Solomon Tbeile, and Malik Wells. The tenant, The Emerald Group, is set to occupy the retail space under the terms of the lease agreement.

Players

Solomon Tbeile

Kassin Sabbagh Realty

Broker

26 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

123929.69%

Cash-on-Cash

-35419.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93