LEASEDRetail
Hands Of Hope Leases 1,600 Square Feet Retail Space At 8009 5th Ave Brooklyn
8009 5th Ave
Building Size
1,600 SF
Asset Type
Retail
Closing
Jan 1, 2024
About this deal
AI
The lease transaction involves a retail asset located at 8009 5th Ave in the Brooklyn market. The space encompasses 1,600 square feet, occupied by the tenant Hands of Hope.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 8009 5th Ave
- Market: Brooklyn
- Square Feet: 1,600.0
- Tenant: Hands of Hope
- Broker: Thomas Caliendo
- Agency: Tide Realty Group
Thomas Caliendo of Tide Realty Group represents the tenant, Hands of Hope, in this lease transaction for the retail space.
On the Map
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93