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635 4th Ave

Bushburg Properties Leases 1,100 Square Feet Retail Space At 635 4th Ave Brooklyn To Stamped
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

Thomas Caliendo

Tide Realty Group

Broker

$7.6M

vol

45 deals

Broker
BP
Bushburg PropertiesLandlord
S
StampedTenant

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