Hungry Ghost Coffee Leases 1,413 Square Feet Retail Space At 832 Fulton Brooklyn From RXR
832 Fulton
Building Size
1,413 SF
Asset Type
Retail
Closing
Jan 1, 2018
AI
The retail asset located at 832 Fulton in Brooklyn encompasses a total of 1,413 square feet. The lease transaction, finalized on January 1, 2018, is set within a vibrant market, reflecting a significant movement in the retail sector.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 832 Fulton
- Market: Brooklyn
- Square Feet: 1,413.0
- Tenant: Hungry Ghost Coffee
- Landlord: RXR
- Brokers: Thomas Caliendo - Tide Realty Group, Daniel D. DePasquale, Ben Weiner
This deal involved representatives from Tide Realty Group, with Thomas Caliendo acting as a key broker in the negotiations. Additionally, Daniel D. DePasquale and Ben Weiner played instrumental roles as brokers in this transaction, contributing to the successful lease agreement between the tenant and landlord.
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