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800 Broadway, Brooklyn, NY ...

Focus Brands Leases Retail Space At 800 Broadway In Broadway Triangle
LEASEDRetail

Focus Brands Leases Retail Space At 800 Broadway In Broadway Triangle

800 Broadway, Brooklyn, NY 11206, USA

Building Size

1,100 SF

Asset Type

Retail

Closing

Nov 28, 2022

AI

The retail property located at 800 Broadway in the Broadway Triangle has been leased. The transaction took place on August 31, 2022. The property has an area of 1,100 square feet and was leased by Focus Brands.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: August 31, 2022
  • Address: 800 Broadway
  • Market: Broadway Triangle

The landlord, Mordy Getz, represented by Jeremy Scholder, Dean Rosenzweig, and Chris Betting from CBRE, agreed to lease the retail space to Focus Brands. Greg Parassio, from Booth Street, represented Focus Brands as their broker in the deal.

Players

FB
Focus BrandsTenant

New York 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93