Updated Oct 28, 2024
Gatekeepers House Of Worship Inc. Leases Special Purpose Space In East Tremont
1877 Webster Avenue
$16
$16/SF
Building Size
10,000 SF
Asset Type
Special Purpose
Closing
Jul 28, 2022
About this deal
AI
The special purpose property located at 1877 Webster Ave in East Tremont has been leased. The property, spanning 10,000 square feet, was leased by Gatekeepers House of Worship Inc. Tremont Center is the landlord of the property. The leasing transaction was facilitated by Michael Gilbert and Pierre Jordan of Gilco Realty LLC.
Summary of transaction details
- Property Type: Special Purpose
- Transaction Amount: N/A
- Address: 1877 Webster Ave
- Market: East Tremont
Michael Gilbert and Pierre Jordan, representing Gilco Realty LLC, played a crucial role in brokering the lease deal for the special purpose property at 1877 Webster Ave in East Tremont.
On the Map
$16
$16/SF
Special Purpose
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Players
New York Special Purpose Market Snapshot
Boundary boundary · Special Purpose · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
991437.50%
Cash-on-Cash
-283355.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93