Lullaby Oasis Spa Leases Retail Space At 664 6th Avenue In Greenwood, Brooklyn
664 6th Avenue
$96
$96/SF
Building Size
1,000 SF
Asset Type
Retail
Closing
May 13, 2024
About this deal
AI
The property at 664 6th Avenue (2nd Floor) in Greenwood, Brooklyn, was leased for a retail space. The asset spans 1,000 square feet with an asking rent of $96 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not provided
- Landlord: 664 Avenue Of The Americas - Jason Hiller
- Tenant: Lullaby Oasis Spa
The lease deal was facilitated by brokers James Famularo and Jacob Mayer from Meridian Capital Group, along with Yu Yong from Eastriver Realty Brokerage.
On the Map
$96
$96/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
165239.58%
Cash-on-Cash
-47225.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93