Mixed-use · Brooklyn
The Brooklyn Tower (9 DeKalb Avenue)
—, Brooklyn
Verified
sourcedmodeled1 of 6 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: Silverstein Properties.
1 recorded holder · 1 beneficial owner · chain resolves 2 levels, with each holder's interest percentage and class.
2 debt tranches on file — lender, principal, rate and maturity.
Financials
Financial model
Effective gross income, operating expenses, DSCR, cash-on-cash, mark-to-market and replacement cost — the income side of the underwrite.
Tenants & leasing
Tenant roster & leasing
1 tenant of record, with GLA, floor, lease expiration and base rent — plus occupancy, WALT and the rollover stack.
Underwriting
Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.
Provenance footnotes
- Current value: Single source — Commercial Observer · https://commercialobserver.com/2024/07/silverstein-michael-stern-sale-brooklyn-tower/ · observed 2024
- $/SF: Estimated — no sourced claim on file.
- GLA: Estimated — no sourced claim on file.
- Ownership — Silverstein Properties: Single source — 6sqft.com · https://www.6sqft.com/silverstein-take-control-over-brooklyn-tower/
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.
Anchoring begins when the asset enters the live ledger.