Chai Urgent Care Leases Retail Space In Prospect Park South At 895 Flatbush Avenue
895 Flatbush Avenue, Brooklyn, New York 11226, United States
Building Size
3,200 SF
Asset Type
Retail
Closing
Jan 11, 2022
About this deal
AI
The retail property located at 895 Flatbush Avenue in Prospect Park South has recently been leased. The transaction took place on January 12, 2022.
Summary of transaction details:
- Property Type: Retail
- Asking Rent: $85/ft.
- Square Footage: 3,200
- Address: 895 Flatbush Avenue
- Market: Prospect Park South
The landlord of the property is Joseph Betesh. The tenant who secured the lease is Chai Urgent Care, represented by Eddy Salameh and Yoni Hadar. The leasing deal was facilitated by brokers Jack Khaski and Albert Manopla from KSR.
On the Map
Retail
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Players
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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