E-Bike Shop Leases 2,000 SF Retail Space At 745 Flushing Avenue In New York City
745 Flushing Ave Brooklyn, NY 11206, USA
$50
$50/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Jul 28, 2023
About this deal
AI
The retail property located at 745 Flushing Avenue in New York City has recently been leased. The property spans 2,000 square feet and was listed with an asking rent of $50 per square foot. The lease transaction took place on 07/28/2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 745 Flushing Avenue
- Market: New York City
The landlord for this property is Abe Strull, and the tenant is E-Bike Shop. Joey Kafif from Safdie Realty Group represented the landlord, and Joseph Zalta from Platinum Properties represented the tenant in this lease deal.
For any further assistance in finding a new space or leasing out vacant properties in Brooklyn, Bronx, Manhattan, or Queens, feel free to contact Joey Kafif at [email protected].
Players
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Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93