Sunshine Wellness Center Leases Retail Space In Williamsburg, Brooklyn
99 Graham Avenue
$50
$50/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Feb 1, 2023
About this deal
AI
A retail space located at 99 Graham Avenue in Williamsburg has recently been leased. The property, spanning 2,500 square feet, was leased by Sunshine Wellness Center. The landlord for this transaction is Nando Ghorchian, while the broker representing the deal is Solomon Tbeile from KSR. The asking rent for this retail space was set at $50 per square foot.
Summary of transaction details
- Property Type: Retail
- Address: 99 Graham Avenue
- Market: Williamsburg
- Tenant: Sunshine Wellness Center
- Landlord: Nando Ghorchian
- Broker: Solomon Tbeile - KSR
- Asking Rent: $50 per square foot
- Square Footage: 2,500
This lease deal was facilitated by Solomon Tbeile from KSR, who represented the tenant, Sunshine Wellness Center, in securing this corner retail space. In case of any further inquiries or information, interested parties can reach out to Solomon Tbeile at [email protected].
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93