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893 Flatbush Ave, Brooklyn,...

893 Flatbush Ave Realty Leases 2100 SF In Brooklyn With Harold Sherr As Representative
LEASEDRetail

893 Flatbush Ave Realty Leases 2100 SF In Brooklyn With Harold Sherr As Representative

893 Flatbush Ave, Brooklyn, NY, 11226

$100

$100/SF

Building Size

2,100 SF

Asset Type

Retail

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 893 Flatbush Ave, Brooklyn, NY, 11226. It is situated in the Brooklyn market with a total square footage of 2,100. The rent per square foot for this lease is $100. The property is owned by 893 Flatbush Ave Realty.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 893 Flatbush Ave, Brooklyn, NY, 11226
  • Market: Brooklyn
  • Square Feet: 2100
  • Rent/SF: $100
  • Landlord: 893 Flatbush Ave Realty
  • Landlord's Representative: Harold Sherr

This lease transaction involves Harold Sherr representing the landlord, with no tenant information specified in the details. The landlord is directly associated with 893 Flatbush Ave Realty in this deal.

Players

Harold Sherr

Broker

4 deals

Broker

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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93