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
About this deal
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
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