LEASEDRetail
Bushburg Properties Leases 1,100 Square Feet Retail Space At 635 4th Ave Brooklyn To Stamped
635 4th Ave
Building Size
1,100 SF
Asset Type
Retail
Closing
Jan 1, 2025
AI
The property asset involved in this transaction is a retail space located at 635 4th Ave, Brooklyn. The lease was finalized on January 1, 2025, occupying a total area of 1,100 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 635 4th Ave
- Market: Brooklyn
- Square Feet: 1100.0
- Tenant: Stamped
- Landlord: Bushburg Properties
- Broker: Thomas Caliendo
- Agency: Tide Realty Group
Key individuals in this transaction include Thomas Caliendo, representing Tide Realty Group, who facilitated the deal between the tenant, Stamped, and the landlord, Bushburg Properties.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93