Harbor Fitness Leases Retail Space At 945 Kings Highway In Midwood
945 Kings Highway
$35
$35/SF
Building Size
26,000 SF
Asset Type
Retail
Closing
Nov 1, 2021
About this deal
AI
The retail property located at 945 Kings Highway in Midwood has been leased. The property spans over 26,000 square feet and was leased by Harbor Fitness. The landlord, Joseph Althkefati, entered into the lease agreement with the tenant.
Summary of transation details
- Property Type: Retail
- Transaction Amount: N/A
- Address: 945 Kings Highway
- Market: Midwood
Representing the deal was broker Josh Augenbaum from Augenbaum Realty Corp.
Note: No information regarding the lease terms, duration, or any other financial details was provided.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Deal FAQ
Visit Josh Augenbaum to view all their deals.
Browse Brooklyn retail leases on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
453228.57%
Cash-on-Cash
-129534.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93