LEASEDRetail
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
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.
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