A&P Brokerage Services Leases Retail Space At 766 Lafayette Ave. In Bedford-Stuyvesant With Landlord REDA Holdings
766 Lafayette Avenue
$75
$75/SF
Building Size
1,250 SF
Asset Type
Retail
Closing
Sep 1, 2022
AI
The retail property located at 766 Lafayette Ave. in Bedford-Stuyvesant, New York, was recently leased. The lease transaction was facilitated by Jeremy Kamali of J3K Real Estate. The property is owned by REDA Holdings, represented by Sivan Aharon. The tenant, A&P Brokerage Services, will be occupying a space of approximately 1,250 square feet. The asking rent for the lease was $75 per square foot.
Summary of transaction details
- Property Type: Retail
- Date: 09/01/2022
- Address: 766 Lafayette Ave., Bedford-Stuyvesant, New York
- Market: Bedford-Stuyvesant
- Landlord: REDA Holdings - Sivan Aharon
- Tenant: A&P Brokerage Services
- Broker: Jeremy Kamali - J3K Real Estate
- Asking Rent: $75/ft.
- SF: 1,250
Jeremy Kamali, a representative from J3K Real Estate, successfully assisted in finalizing the lease transaction between the landlord, REDA Holdings, and the tenant, A&P Brokerage Services. J3K Real Estate specializes in representing owners and working with tenants seeking commercial space in the outer boroughs of New York. For more information, visit their website at www.J3K.com.
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
211506.67%
Cash-on-Cash
-60449.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93