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
About this deal
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.
On the Map
$128
$128/SF
Retail
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Players
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