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93 Court St, Brooklyn, NY, ...

Ryan Condren Of JLL Facilitates Retail Lease In Brooklyn For Tomtro Realty Corp
LEASEDRetail

Ryan Condren Of JLL Facilitates Retail Lease In Brooklyn For Tomtro Realty Corp

93 Court St, Brooklyn, NY, 11201

$250

$250/SF

Building Size

2,200 SF

Asset Type

Retail

Closing

Dec 16, 2015

AI

The retail property located at 93 Court St, Brooklyn, NY, 11201, in the Brooklyn market, was leased on December 16, 2015. The landlord, Tomtro Realty Corp, was represented by Ryan Condren of JLL in this transaction. The lease was signed at a rate of $250 per square foot for a total of 2200 square feet.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Market: Brooklyn
  • Landlord: Tomtro Realty Corp
  • Landlord's Rep: Ryan Condren (JLL)
  • Rent/SF: $250
  • Square Feet: 2200

The leasing deal at 93 Court St in Brooklyn involved Tomtro Realty Corp as the landlord, with Ryan Condren acting as the landlord's representative from JLL. The transaction, facilitated on December 16, 2015, highlights the successful lease of a 2200-square-foot retail space at $250 per square foot.

Players

Ryan Condren

JLL

Broker

7 deals

Broker
RC
Realty Corp.Landlord

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

63452.00%

Cash-on-Cash

-18134.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93