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656 Metropolitan Ave Brookl...

KS Conseiller Leases Retail Space At 656 Metropolitan Avenue, New York City
LEASEDRetail

KS Conseiller Leases Retail Space At 656 Metropolitan Avenue, New York City

656 Metropolitan Ave Brooklyn, NY 11211, USA

$70

$70/SF

Building Size

855 SF

Asset Type

Retail

Closing

Jun 13, 2023

AI

The retail property located at 656 Metropolitan Avenue in New York City has been leased. The transaction was facilitated by brokers John Le Vine and Laura Polanco from EXR. The landlord, Jacob Rubin, leased the space to the tenant, KS Conseiller.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 656 Metropolitan Avenue
  • Market: New York City

John Le Vine and Laura Polanco from EXR represented the landlord, Jacob Rubin, in the lease deal with KS Conseiller.

Players

John LeVine

EXR

Broker

$50.6M

vol

42 deals

Broker

Jacob Rubin

Landlord

$9.4M

vol

4 deals

Landlord

New York 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

226614.29%

Cash-on-Cash

-64767.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93