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
About this deal
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.
On the Map
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Deal FAQ
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