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1809 Decatur Street

Ny Tile & Grout Leases Office/Industrial Space At 1809 Decatur Street In Ridgewood Queens, Represented By Daniel Barcelowsky - Evergreen Realty & Investments
LEASEDOffice

Ny Tile & Grout Leases Office/Industrial Space At 1809 Decatur Street In Ridgewood Queens, Represented By Daniel Barcelowsky - Evergreen Realty & Investments

1809 Decatur Street

$6,000

$6,000/SF

Building Size

1,000 SF

Asset Type

Office

Closing

Nov 15, 2022

AI

1809 Decatur Street in Ridgewood Queens has been leased by Ny Tile & Grout. The office/industrial property, with a size of 1,000 square feet, will serve as the new location for the tenant. The lease term is set for 5 years, and the landlord of the property is Daniel Gabay.

Summary of transaction details

  • Property Type: Office/Industrial
  • Transaction Amount: Not applicable
  • Address: 1809 Decatur Street
  • Market: Ridgewood Queens

Daniel Barcelowsky from Evergreen Realty & Investments represented Ny Tile & Grout in this lease transaction.

Players

Daniel Barcelowsky

Evergreen Realty & Investments

Broker

$83.9M

vol

52 deals

Broker

Daniel Gabay

Landlord

$4.7M

vol

4 deals

Landlord

Houston Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2643.83%

Cash-on-Cash

-755.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93