Lease Signed For Retail Space At 785 Hart St Brooklyn For $35/SF With Brokers Emre Bozkurt And Ben Waller
785 Hart St
$35
$35/SF
Building Size
3,100 SF
Asset Type
Retail
Closing
Mar 1, 2022
About this deal
AI
The property asset involved in this transaction is a retail space located at 785 Hart St, Brooklyn. It has a total area of 3100 square feet and is being leased at a rate of $35 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $108,500
- Address: 785 Hart St
- Market: Brooklyn
- Square Feet: 3100.0
- Rent/SF: $35
The transaction involved brokers Emre Bozkurt from Platinum Properties and Ben Waller from ABS Partners Real Estate, who facilitated the leasing process between the involved parties.
On the Map
$35
$35/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
453228.57%
Cash-on-Cash
-129534.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93