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66 Rockwell Pl

Las Santas Leases 4,800 Square Feet Retail Space At 66 Rockwell Pl Brooklyn From Dermot Company & Investors
LEASEDRetail

Las Santas Leases 4,800 Square Feet Retail Space At 66 Rockwell Pl Brooklyn From Dermot Company & Investors

66 Rockwell Pl

Building Size

4,800 SF

Asset Type

Retail

Closing

Jan 1, 2019

AI

The property asset involved in this transaction is a retail space located at 66 Rockwell Pl, Brooklyn. It encompasses a total area of 4,800 square feet, providing ample space for business operations. The asset is leased by Las Santas, which will operate within this site as a tenant. The landlord for this property is Dermot Company & Investors.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 66 Rockwell Pl
  • Market: Brooklyn
  • Square Feet: 4800.0
  • Tenant: Las Santas
  • Landlord: Dermot Company & Investors
  • Brokers: Thomas Caliendo (Tide Realty Group), Daniel D. DePasquale

The individuals involved in this deal include Thomas Caliendo, representing Tide Realty Group as a broker. Additionally, Daniel D. DePasquale is also noted as a broker without a specified agency. These brokers play a significant role in facilitating the negotiation and execution of the lease agreement for the retail space.

Players

Thomas Caliendo

Tide Realty Group

Broker

$7.6M

vol

47 deals

Broker
DI
Dermot Company & InvestorsLandlord
LS
Las SantasTenant

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