Kiro Leases Mixed-Use Property At 105 Roebling Street Brooklyn From Aretz Inc
105 Roebling Street
$120
$120/SF
Building Size
1,500 SF
Asset Type
Mixed-use
Closing
Oct 15, 2025
AI
The property involved in this transaction is a mixed-use asset located at 105 Roebling Street in Brooklyn. It was leased at an asking rent of $120 per square foot, with a total square footage of 1,500. The lease type is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $180,000
- Landlord: Aretz Inc.
- Tenant: Kiro
- Landlord's Representative: Meyer Dagmy, Isaac Bijou & Eddie Mamiye - MOD
- Tenant's Representative: Carolina Aziz & Madeleine Soffer - KSR
- Date of Transaction: 10/15/2025
The deal was facilitated by multiple representatives from different agencies. The landlord, Aretz Inc., was represented by Meyer Dagmy, Isaac Bijou, and Eddie Mamiye from MOD, while Kiro, the tenant, had representation from Carolina Aziz and Madeleine Soffer of KSR, showcasing a collaborative effort between the two parties in reaching this agreement.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
132191.67%
Cash-on-Cash
-37780.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93