906 Broadway
906 Broadway, Brooklyn, NY, 11206
$32
$32/SF
Building Size
2,200 SF
Asset Type
Retail
Closing
Nov 19, 2023
AI
The lease involves a commercial property located at 906 Broadway, Brooklyn, NY, 11206. The market for this property is Brooklyn, with a square footage of 2,200 square feet and a rent per square foot of $32.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 906 Broadway, Brooklyn, NY, 11206
- Market: Brooklyn
- Square Feet: 2,200
- Rent/SF: $32
- Tenant: CCK LLC
- Landlord: 906 Broadway LLC
- Tenant's Rep: Joseph (Joey) Bouzaglou - Tri State Commercial Realty
- Landlord's Rep: Eddie Keda - Tri State Commercial Realty
Joseph (Joey) Bouzaglou and Eddie Keda both represent clients in this transaction through Tri State Commercial Realty, facilitating the lease between CCK LLC and 906 Broadway LLC. Their involvement highlights the professional representation provided in closed property transactions.
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
495718.75%
Cash-on-Cash
-141677.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93