Super Cruise Travel Leases Retail Space At 2167 86th Street From Landlord Alan Shabot
East 86th Street
$100
$100/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Aug 22, 2024
About this deal
AI
This retail lease is located at 2167 86th Street in the Bay Parkway market. The asset spans an area of 1,500 square feet with an asking rent of $100 per foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $150,000
- Landlord: Alan Shabot
- Tenant: Super Cruise Travel
- Brokers: Solomon Sharaby & Ori Melloul - KSR
- Lease Type: Retail Lease
In this transaction, Solomon Sharaby and Ori Melloul represented the landlord, Alan Shabot, while facilitating the lease agreement with the tenant, Super Cruise Travel.
On the Map
$100
$100/SF
Retail
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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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93