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832 Fulton

Hungry Ghost Coffee Leases 1,413 Square Feet Retail Space At 832 Fulton Brooklyn From RXR
LEASEDRetail

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

Thomas Caliendo

Tide Realty Group

Broker

$7.6M

vol

47 deals

Broker

Ben Weiner

Broker
Broker
RXR Realty
RXR RealtyLandlord

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